Citadel Alum Jack Woodruff to Shutter Hedge Fund Candlestick
NegativeFinancial Markets

- Jack Woodruff, a former trader at Citadel, is set to close his hedge fund, Candlestick Capital, which he established in 2019. This decision comes amid a broader trend in the hedge fund industry, where over 2,800 funds have shut down since 2020, outpacing new fund launches.
- The closure of Candlestick Capital highlights the challenges faced by hedge funds in the current market environment, reflecting a significant shift in investor sentiment and the competitive landscape, which may prompt further consolidations within the industry.
— via World Pulse Now AI Editorial System







