Kroll assigns BBB ratings to three Citadel funds and $500M of senior unsecured notes to be issued by Citadel Finance

Kroll Bond Rating Agency assigned BBB ratings to three funds managed by Citadel Advisors – Citadel Kensington Global Strategies Fund, [Read More]
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Man Group assets hit record $123.6B despite earnings slide due to lower fee income

Man Group’s assets under management hit a record $123.6 billion at year-end 2020, up from $117.7 billion a year before. [Read More]
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Sightings…

York Capital Management has named Seth Pearson a managing director where he will be responsible for deal sourcing, transaction execution [Read More]
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Liquid Alts: Equity Hedge is top strategy in February with 2.65% gain

The Wilshire Liquid Alternative Index climbed 1.16% in February, pushing its year-to-date gain to 1.17%. All six subindices posted gains [Read More]
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Closing: Geode Capital Management shuts down hedge fund business

Geode Diversified Fund, Geode’s largest private fund, lost about 36% last spring on derivative trades during heightened stock market volatility [Read More]
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