Citadel to return $5 billion in profit to investors, source says
The firm's flagship multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said.
TL;DR
- Citadel plans to return about $5 billion in 2025 profits to investors at the beginning of next year.
- The firm's flagship multistrategy fund gained 9.3% in the year through last week.
- The profit distribution is intended to constrain capital and align it with the perceived opportunity set for the new year.
- Citadel's assets under management will decrease from $72 billion to $67 billion at the start of 2026.
- Since 2017, Citadel has returned $32 billion in profit to investors.
- Citadel is ranked the most profitable hedge fund based on net gains since inception, having generated $83 billion through 2024.