Citadel Posts Big Gains in Good Year for Multistrats

Ken Griffin’s multistrat fund is on pace to post its best gain in eight years, while Balyasny continues to lead all funds in the strategy.

Citadel headquarters in Chicago, Illinois. (Tim Boyle/Bloomberg)

Citadel headquarters in Chicago, Illinois.

(Tim Boyle/Bloomberg)

Citadel’s Wellington fund posted another gain in October, according to a person familiar with the results, extending its gain in what is shaping up to be a strong year for multistrategy hedge funds in general.

The fund returned 1.1 percent last month, bringing its gain for the year to 20.1

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