Wellington, the flagship fund at Ken Griffin's multi-strategy hedge fund firm Citadel, has surpassed $14.5bn in assets, having more than doubled in size over the past five years, according to a report by the South Florida Business Journal.
The report cites Citadel's latest annual Form D filing with the US Securities and Exchange Commission in confirming that AUM at the fund has jumped by 165.29% from the $5.47bn reported in 2019.
Last year, the fund had roughly $12.9bn in AUM, which equates to year-on-year growth in the past 12 months of 12%.
The number of investors in the fund, which has posted an annualised return of 19.6% since its launch, has also increased by 25.72% over the past five years, from 486 in 2019 to 611 currently.
Citadel's total capital under management now stands at $63bn as of 1 May.
Blackstone multi-strategy fund reaches $276.9m in assets following new unit sales
Blackstone Multi-Strategy Hedge Fund has raised approximately $106.5m through the sale of unregistered limited partnership units, bringing…
More
CalPERS considers hedge fund return 12 years after high-profile exit
The California Public Employees’ Retirement System (CalPERS) is exploring a potential return to hedge fund investing through separately…
More
Hedge fund hiring slows as multistrategy firms expand external allocations
Hiring growth at major multistrategy hedge funds has slowed as firms increasingly allocate capital to external portfolio managers through…
More
