Kenneth Griffin At Dealbook Conference [LIVE]

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HFA Staff
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Kenneth Griffin, founder and CEO of Citadel, is speaking at The NYTimes Dealbook Conference today. Citadel suffered through a tough time during the recent financial crisis, as assets in its two major funds tumbled. However this year, Citadel’s Kensington Global Strategies Fund and Wellington funds are back up and have exceeded the high watermark, and combined assets are now $9.2 billion.  Kensington and Wellington funds have gained 14.3% through the year to the end of the third quarter. The funds use automated trading strategies and focus heavily on algorithms. The public portfolio of Citadel enlists thousands of stocks. Sign up for our…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.