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Citadel May Soon Be Able To Collect Performance Fees Again

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The hedge fund giant's Kensington and Wellington funds rose 0.44% in April. The two funds are up 8.4% through the first four months of the year. Kensington and Wellington began the year needing to return about 20% to return to their high-water marks and recoup all of 2008's losses. The funds rose 11% last year and 62% in 2009. [FINalternatives]

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