Citadel Fights Egyptian Firm Over Name

Nov 4 2010 | 7:49am ET

Another major hedge fund is battling a foreign firm over the rights to its name.

Citadel Investment Group has sued Egypt’s Citadel Capital Corp., a US$8.3 billion private equity firm. Chicago-based Citadel filed the suit in May in Washington, D.C., disputing the Egyptian firm’s use both of the name “Citadel” and of a castle as its logo.

Citadel Investment Group also uses a castle as its logo.

Last month, Och-Ziff Capital Management prevailed in a court battle with London-based OCH Capital. A British court ruled that “there is a manifest likelihood of confusion” between the two firms.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Ex-Hedge Fund Billionaire Won’t Run For Senate

Jan 23 2015 | 5:48am ET

Ex-hedge fund manager Tom Steyer will not run for Senate after Sen. Barbara Boxer...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note