Kenneth Griffin

Top 25 Fund Managers Earned $15.38 Billion Collectively in 2017

June 4, 2018 James Heinsman In the News

Hedge funds seem to be rebounding from their years-long slump, with 2017 being spectacularly lucrative for the extremely lucky few. Four hedge fund managers realized personal annual earnings topping the one-billion-dollar mark, an astronomically good years wages by anyone’s standards. Those four include James Simons of Renaissance Technologies with a sweet $1.7 billion; David Tepper […]

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Appaloosa Management, Bridgewater Associates, Citadel, David Tepper, James Simons,

The Five Highest Hedge Fund Earners for 2016

March 16, 2017 James Heinsman Hedge Fund News

In general, we all know that hedge funds are not doing well. But for the few among the hedge fund successes, those managers have a lot to be thankful for. And we do mean a lot. The data tells us that between the high fees hedge fund managers charge and the lackluster returns, record numbers […]

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David Tepper, James Simmons, Kenneth Griffin, Michael Platt, Raymond Dalio,

Citadel’s Surveyor Firing Employees in Wake of 2016 Losses

February 22, 2016 James Heinsman In the News

After posting losses amounting to 6.5 percent in 2016, giant hedge fund Citadel announced it is laying off over a dozen employees from its investment team. Analysts, associates and portfolio managers were given the boot from Surveyor Capital, one of Citadel’s three internal units which invest in stocks globally. Citadel is based in Chicago and […]

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Citadel, Jon Venetos, Kenneth Griffin, Surveyor Capital, Todd Barker,

Managers Face Deep Pay Cuts During 2014’s Bad Year for Hedge Funds

May 10, 2015 Maria Morales Economic Barometer

It is no secret that 2014 was one of the worst years in history for hedge fund returns. And don’t think the managers of these funds haven’t had to take some of the responsibility, in the form of lower wages. As a group the 25 top-earning hedge fund managers collected what most of us would […]

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14th annual Rich List, Alpha magazine, Bridgewater Associates, Citadel, Hedge Funds,

Griffin Gives Harvard Record Donation

February 20, 2014 Debbie Jacobs Hedge Fund News

Kenneth Griffin, who started first hedge fund from his dorm room in Cabot House when he was a student at Harvard, donated $150 million to his alma mater. The gift is the largest single donation Harvard has received in its history. Griffin graduated from Harvard 25 years ago and then went to Chicago to create […]

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Citidal Llc, Drew Gilpin Faust, Harvard, Kenneth Griffin,

Hedge Fund Managers Frustrated with The Obama Administration

May 15, 2011 James Heinsman Hedge Fund News

On Friday, hedge fund managers were asked why there has been a shift in support away from Democrats and towards Republicans. Kenneth Griffin expressed his frustration with the lack of concern coming from administration officials as the industry claims that government spending is continuing to gain momentum. Griffin, manager of Citadel LLC, said “the embracing […]

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Citadel LLC, David Axelrod, Hedge Fund Politics, Hedge Funds, Kenneth Griffin,

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