4 ms·
Unlike Citadel, TCI has a history of forcing the board's hand using litigation. Hardly noise. Also, TCI's AUM is now only 28B. They've had a harsh last few mon
by sudosysgen 4y ago
Unlike Citadel, TCI has a history of forcing the board's hand using litigation. Hardly noise.
Also, TCI's AUM is now only 28B. They've had a harsh last few months.
Another thing is that Citadel is far more leveraged, and it has a discretionary AUM of around 285B, while TCI seems to have little to no leverage. So Citadel controls around 10 times more capital than TCI