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Lean & mean
Many big hedge funds have bounced back from the financial crisis by getting smaller & more focused
Illustration by Brian CairnsToward the end of 2008, Kenneth Griffin’s Citadel Investment Group was in bad shape. The firm had lost $7 billion of its assets in one year. Its flagship Kensington and Wellington funds were down 53 percent. And Griffin was working overtime to dispel rumors that Citadel might
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