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

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...