Embattled Citadel: Then and Now

As Citadel struggles to raise assets and retain clients, it’s worth revisiting the origin of its angst.

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In the aftermath of his disastrous 2008 losses, Citadel founder Ken Griffin is reportedly going out on marketing meetings to raise money for the firm’s new hedge funds -- part of an effort to bring in assets that have some hope of generating near-term performance fees while the firm’s older funds remain below their high-water marks.

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