Nov 28 2006 | 2:14pm ET
Citadel Investment Group isn’t collapsing. It’s just taking on debt.
In what is being called the first deal of its kind, Citadel is to raise $2 billion with an offering of medium-term unsecured notes, according to Fitch Ratings. The Chicago-based firm, with some $13 billion in assets under management, is also the first hedge fund firm to receive a Fitch debt rating, in this case triple-B-plus, making the investment-grade cut, if only barely.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…