Citadel to Return $7 Billion in Profits to Hedge Fund Clients

(Bloomberg) — Ken Griffin’s Citadel plans to return about $7 billion to clients after double-digit gains in its multistrategy hedge funds over the past two years bumped its assets to $63 billion.Most Read from BloombergJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneGoldman Trader Who Was Paid $100 Million Since 2020 to Step DownRaimondo Vows ‘Strongest Possible’ Action on Huawei’s Chip BreakthroughAbu Dhabi Is the World’s Newest Wealth Haven for BillionairesHarvard’s Deepening