Citadel Investment Group’a Global Equities Hedge Fund up 10.3%; Jeff Runnfeldt to Retire

August 29th, 2012
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Citadel Investment Group has announced the retirement of Jeff Runnfeldt, co-head of its global equities group effective August 31st. According to Bloomberg News, Jeff Runnfeldt, age 46, is leaving Citadel after 10 years during which he headed the financial group (2004 t0 2009) and the global equities group (2009 to 2012). His $2.5 billion global equities hedge fund is ahead 10.3 percent year-to-date in 2012 as compared with the HFRX Equity Hedge index at 2.8 percent. The report did not mention any other reason for his departure other than his decision to retire.
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Citadel Investment Group
Related People: ; Becket Wolf*; Brandon Haley; David Grossman; Derek Kaufman; Jeff Runnfeldt*; Joe Squeri; Kaveh Alamouti*; Kenneth Griffin; Mark Stainton; Ryan Garino; Steve Weller*
Related Entities: Citadel Alternative Asset Management; Citadel Equity Fund; Citadel Kensington; Citadel Wellington; Equiduct; New Castle Re; Sowood Capital*
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Jobs, Hirings and Firings


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