Hedge Funds

• Ken Griffin’s flagship hedge fund at Citadel rises 10.2% in volatile 2025 - Citadel's flagship multistrategy Wellington fund, its largest, gained 10.2% in 2025, according to a person familiar with the firm's returns.
• Activist Starboard reveals 5% stake in Clearwater as tech company reviews its options - Starboard is urging Clearwater Analytics to run a robust sales process if it has received in-bound interest from potential buyers.
• Fed Pick Puts Pressure on Bessent to Deliver for Trump - Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair, could face President Trump’s wrath if the person chosen does not quickly lower interest rates.