Thursday, 25 December 2014
Last updated 16 hours ago
Sep 16 2010 | 1:43pm ET
Citadel Investment Group is opening not one, but two new hedge fund incubation offices.
In addition to its new seeding station in Boston—and its existing PioneerPath Capital incubator in New York—Citadel is opening such an office in Dallas, Reuters reports. Like the Boston venture, which has already hired three managers, the Dallas office will seed promising managers with Citadel’s own capital and give them two years to build a track record.
The Boston seeding office was first reported by the Boston Globe.
The two new offices give Citadel, which manages US$11 billion, a total of seven offices around the world, including its Chicago headquarters. In addition to New York, the firm also has bases in Hong Kong, London and San Francisco.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.