"Hedge Fund Giants: Citadel and Pershing Square Lead Record Profits Surge"

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Source: Business Insider
"Hedge Fund Giants: Citadel and Pershing Square Lead Record Profits Surge"
Photo: Business Insider
TL;DR

Citadel, led by billionaire Ken Griffin, has extended its lead over peers as the most profitable hedge fund of all time, with $8.1 billion in gains last year and a total of $74 billion in all-time gains. This places Citadel close to $20 billion ahead of its closest competitors, D.E. Shaw and Millennium. In an internal memo, Griffin expressed pride in the firm's achievement and emphasized their focus on delivering superior returns to their capital partners.

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