Results tagged “Citadel” from Dealbreaker

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Ken Griffin, Who Hasn't Had One Of His Favorite Milkshakes In Almost A Year, Does Not Want To Discuss '08

But he's trying to raise new money and every single time he sits down with a potential source of cashola, or tries to convince an existing one to stick it out, last year is all they want to talk about....

Citadel: If You Want Your Money, Come Get It, And BTW, The Holocaust That Was 2008? "Never Again"

Ken Griffin On Losing Streak

But don't fret my pets, this is a good thing. I told you last week after examining him in the flesh that Kenny-boy had visibly slimmed down and today Bloomberg corroborates the story (in a massive profile on the Citadel...

What Was Ken Griffin Doing At Blackstone Today?

Being indoctrinated into the $4 million crab claw club? Your guess is as good as mine. Wildly speculate away....

Happy Hour On Ken Griffin

What's this joyous news we hear? Our favorite midwestern hedge fund's flagships were up were up for May (and year to date)? Indeed! Citadel's Wellington and Kensington funds reportedly returned 6 percent last month, bringing the year's total to 21...

Hello Dias-Griffins!

Anne and Ken Dias Griffin Saturday with Mayor Richard M. Daley and his wife Maggie, at the opening of the Art Institute of Chicago's Modern Wing. (The MW's courtyard has been named the Kenneth and Anne Griffin Court, which...

Storming (Out Of) The Castle

First the Big Guy inches in, now this. Matt Andresen, who joined the Chicago-based hedge fund giant in 2004 after a stint running Island ECN, the largest electronic stock market in the U.S., has a non-compete agreement with Citadel and...

More Evidence That Fixed Fortifications Are Monuments To Human Stupidity

Citadel down 13% in November, making their YTD something like -47%. Please, I want to get off the ride now. Please? Citadel's mounting losses have come from declining values of convertible bonds, bank loans and other investments as global markets...

What's In A Name?

Our advice: Avoid investing in funds named for secure buildings or edifices that are expected to resist attacks from barbarian hordes, throngs of Mongolian horsemen that blot out the rolling hills, or otherwise protect the occupants (like your cash) from...

Have Fun Storming The Citadel (Part II)

Citadel was rather firm in issuing unflagging and unqualified denials relating to any persistent rumors that had been swirling around about the firm. These started to become more and more acute in the last two weeks. It was said they...

Have Fun Storming The Citadel

So that $1 billion fund of funds that Citadel used to run? Yeah, not so much anymore. The "Fusion Fund" is no more, the capital now assigned to "emerging talent" or the like. Citadel is, apparently, moving to the incubator...

War On Company-Sponsored Drunken Inter-Office Groping Continues

We've been bracing ourselves for this one but, god, nothing could've prepared us for searing pain and sense of loss we feel. I hesitate to even mention it because the consequences could be just catastrophic. And yet, I cannot in...

DealBreaker Weekend: My Kind Of Town

Yes, yes. We know. We were on the conference call too. You guys are totally fine. Lots of credit. No problems. Just a little hitch. Nothing to fear but fear itself. Hey, wait. What's this...? Examiners with the Federal Reserve...

Part Of Loeb To Be Played By Rob Lowe Or (Fingers Crossed) Emilio Estevez

The good news is that former Citadel employee Julio DePietro is directing (and wrote) a movie about "a Wall Street rising star" called "The Good Guy." Not nearly enough of you have tested your hand at romantic comedies. The bad...

Who Killed Bear Stearns And Then Laughed About It At Denny's? We're Gonna Go With NO ONE

Bryan Burrough's Vanity Fair article on the downfall of Bear Stearns took nearly 16 pages to get to what most would regard as the mother of all ledes, wherein he casually mentions it is believed that a bunch of hedge...

Attention Job Seekers: One Whole Opening At JPMorgan

Citadel has stolen yet another one of Jamie Dimon's toy soldiers. Bill King is the third member of JPMorgan's investment bank management committee to resign this week to join Ken Griffin in Chi-town, as the hedge fund's head of securitized...

This Pleases Jamie Dimon Very Much

Ken Griffin has poached yet another JPMorgan senior exec. This time it’s Derek Kaufman, most recently global head of fixed income in the bank’s proprietary positioning group. Last week we felt badly for JD and his mounting personnel losses. Now...