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: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...