Ken Griffin’s hedge fund Citadel plans to reopen its Tokyo office later this year, almost a decade and a half after shutting down its Japan operations during the global financial crisis.
The hedge fund, which manages $54bn in assets, is applying for licences to operate in Japan’s markets and expects to gain approvals before the end of this year, according to three people familiar with the matter.
The expansion by Citadel, among the world’s biggest hedge funds by assets under…
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