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Article: Hedge funds: Citadel cracks open door; Institutional investors pressure hedge fund manager to provide more information on its investment strategies.( )
- Article from:
- Pensions & Investments
- Article date:
- March 7, 2005
- Author:
CopyrightCOPYRIGHT 2005 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Christine Williamson
CHICAGO - Citadel Investment Group LLC is giving in - at least a little - to the demands of institutional investors who want a closer look at its investment strategies.
Investors shouldn't expect to get a penetrating view into the inner workings of one of the industry's most successful hedge fund companies. Still, sources said company officials have been providing some investors - mainly institutional direct investors and fund-of-funds managers with a large institutional clientele - with more information than others. And a more complete risk reporting system is supposedly in the works, although the company's management won't ...