Hedge Funds: Citadel Details Its Torrid Multistrat Run (1)

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Headlines

Citadel offered a rare glimpse under the hood of its multistrategy funds during a lucrative period for the most profitable hedge fund firm ever.

Walleye Capital is riding the wave of multistrats locking up new client cash for longer. Starting in July, it will no longer allow new capital into its most liquid share class that lets clients pull 25% of their money each quarter, taking one year to fully redeem.

Brevan Howard is off to its worst start to ...