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

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note