Citadel Set For Dallas Office

Jul 27 2010 | 12:08pm ET

Citadel Investment Group plans to open a Dallas office next month.

The Chicago-based alternative investments giant’s Texas base will be its fifth office, after its Windy City headquarters, New York, San Francisco and Hong Kong. The Dallas digs will be a good deal smaller than the other offices, with just three to five employees initially and about 10 by the end of the year, Dallas Business Journal reports.

Mickey Minces of hedge fund servicing operation Blue River Partners told DBJ that the Dallas office would focus on hedge fund seeding and investing in other early-stage managers.

Citadel is subleasing its new office from fellow hedge fund Bonanza Capital. The $11 billion firm’s Dallas office will be in 6,282 square feet at 300 Crescent Court in Dallas’ Oak Lawn neighborhood.


In Depth

Q&A: George Schultze On His Fund's Unique Approach to Distressed Investing

Apr 16 2015 | 1:01am ET

George Schultze is a managing member of Schultze Asset Management, a long/short...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note