• Ken Griffin pays $100M for Basquiat painting amid race protests

    Ken Griffin pays $100M for Basquiat painting amid race protests

    Hedge-fund billionaire Ken Griffin has shelled out more than $100 million for a painting by Jean-Michel Basquiat, the late black artist whose works focused on race and inequality. The CEO of Citadel — who last year paid $240 million for a Central Park penthouse —bought the brilliantly colored 1982 masterwork “Boy and Dog in a …
  • Citadel’s flagship fund turns a profit

    Citadel’s flagship fund turns a profit

    Citadel, the Chicago-based hedge fund giant led by billionaire Ken Griffin, has so far weathered the coronavirus market storm well, turning a slight profit in its flagship Wellington hedge fund for the year through Monday, according to a person familiar with the situation. The fund, which practices a so-called multi-strategy array of bets on stocks, …