Citadel to return $5 billion in profit to investors

let's begin though with some breaking news from leslie carl

thank you citadel planning to return about five billion dollars in profit at earn in twenty twenty five back to investors at the beginning of next year that is according to a person familiar with the matter the firm 's flagship multi strategy fund known as its wellington fund

gained nine point three percent in the year through last week said the person who asked not to be named discussing performance details the profit being returned is not all that was generated in twenty twenty twenty five that person said but rather it's a way of constraining

capital amid what the fund managers they're perceived to be a limited opportunity set going into the new year as such citadel will start twenty twenty six with sixty seven billion dollars in assets down from the seventy two billion it currently manages that person said a

spokesperson for citadel declined to comment and citadel does not opt for profit distributions every year but since twenty seventeen the hedge fund has returned thirty two billion dollars to its investors