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

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

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

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of