Hong Kong-Based $1.5 Billion Hedge Fund Torq Capital Seeded by Alibaba Co-Founder Joe Tsai Family Office Blue Pool Capital to Wind Down, Founder Avinash Abraham to Rejoin Ken Griffin $58 Billion Hedge Fund Citadel Asia Equities Team as Portfolio Manager
18th January 2024 | Hong Kong
Hong Kong-based $1.5 billion hedge fund Torq Capital seeded by Alibaba co-founder Joe Tsai family office Blue Pool Capital to wind down hedge fund, with Torq Capital founder Avinash Abraham rejoining Ken Griffin $58 billion hedge fund Citadel Asia equities team as portfolio manager. In 2023, Citadel flagship fund Wellington fund generated +15.3% return (2022: +38%), tactical trading fund +14.8%, long/short fund +11.6% and fixed cinema fund +10.9%. Torq Capital Management was founded in 2016 by Avinash “Avi” Abraham, who is the former Head of Asia for Balyasny Asset Management, and a former Portfolio Manager at Citadel. Kenneth C. Griffin is the founder and Chief Executive Officer of Citadel, a global alternative investment firm. Ken began trading from his dorm room at Harvard in 1987, installing a satellite dish on the roof to receive real-time stock quotes. 3 years later, Kenneth C. Griffin founded Citadel, believing that the integration of exceptional talent, advanced quantitative analytics and leading-edge technology would generate consistent, strong long-term performance.
“ Hong Kong-Based $1.5 Billion Hedge Fund Torq Capital Seeded by Alibaba Co-Founder Joe Tsai Family Office Blue Pool Capital to Wind Down, Founder Avinash Abraham to Rejoin Ken Griffin $58 Billion Hedge Fund Citadel Asia Equities Team as Portfolio Manager “
Top $61 Billion Ken Griffin Hedge Fund Citadel to Return $7 Billion in Profit to Investors after Flagship Wellington Multi-Strategy Fund Generated +15% in 2023 YTD, Wellington Fund Generated +38% in 2022
14th December 2023 – Top Ken Griffin hedge fund Citadel with $61 billion AUM (Assets under Management) to return $7 billion in profit to investors after Citadel flagship Wellington Multi-Strategy Fund generated +15% in 2023 YTD (Year-to-date). In 2022, Wellington Multi-Strategy Fund generated +38%. Kenneth C. Griffin is the founder and Chief Executive Officer of Citadel, a global alternative investment firm. Ken began trading from his dorm room at Harvard in 1987, installing a satellite dish on the roof to receive real-time stock quotes. 3 years later, Kenneth C. Griffin founded Citadel, believing that the integration of exceptional talent, advanced quantitative analytics and leading-edge technology would generate consistent, strong long-term performance. In 2022 May, Ken Griffin won the auction for Jeff Bezos Blue Origin space flight with an $8 million bid and donating the 2 seats to 2 teachers selected by the New York City’s Department of Education.
Top $43 Billion Hedge Fund Citadel Founder & Billionaire Ken Griffin with $27 Billion Fortune Wins $8 Million Auction for Jeff Bezos Blue Origin Space Flight, Donates Seats to 2 Teachers
12th May 2022 – Top $43 billion hedge fund Citadel founder & billionaire Ken Griffin with $27 billion fortune, has won the auction for Jeff Bezos Blue Origin space flight with an $8 million bid and donating the 2 seats to 2 teachers selected by the New York City’s Department of Education. Citadel: “Kenneth C. Griffin is the Founder and Chief Executive Officer of Citadel, a global alternative investment firm. Ken began trading from his dorm room at Harvard in 1987, installing a satellite dish on the roof to receive real-time stock quotes. Three years later, he founded Citadel, believing that the integration of exceptional talent, advanced quantitative analytics and leading-edge technology would generate consistent, strong long-term performance. Today, the firm is recognized as one of the most successful alternative investment firms in the world, investing on behalf of capital partners that include preeminent public, private and non-profit institutions.”
Kenneth C. Griffin, Founder and CEO of Citadel
Kenneth C. Griffin is the Founder and Chief Executive Officer of Citadel, a global alternative investment firm. Ken began trading from his dorm room at Harvard in 1987, installing a satellite dish on the roof to receive real-time stock quotes. Three years later, he founded Citadel, believing that the integration of exceptional talent, advanced quantitative analytics and leading-edge technology would generate consistent, strong long-term performance. Today, the firm is recognized as one of the most successful alternative investment firms in the world, investing on behalf of capital partners that include preeminent public, private and non-profit institutions.
In 2002, the team at Citadel established Citadel Securities, now one of the leading market markers in the world. Citadel Securities has been at the forefront of the modernization of markets and market structures, which has delivered enormous benefits to investors globally. Its institutional business serves more than 1,600 clients, including many of the world’s largest sovereign wealth funds and central banks. Over the past two decades, Citadel Securities has advocated for and created more open, transparent, competitive and resilient markets, both in the US and abroad. Ken has contributed more than $1 billion philanthropically in recent years, including catalytic giving to expand access to high-quality education at every level, advance medical research, reduce recidivism and violent crime, enhance public spaces and support our country’s world-renowned cultural institutions. Ken holds an A.B. in Economics from Harvard College and serves on a number of boards that reflect both his commitment to driving upward mobility through economic and educational opportunities and his passionate support for cultural institutions that enrich our lives and communities.
Bloomberg
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