Citadel GFI, Taula Sink in Brutal Trading Week for Hedge Funds

Citadel’s Global Fixed Income fund and Diego Megia’s Taula Capital Management are among the hedge funds worst hit by last week’s market turmoil, while D.E. Shaw & Co.’s two main vehicles were a rare bright spot in the industry.

Citadel’s GFI fund, which is smaller than its flagship Wellington fund, tumbled 4.75% last week to leave the pool down 2% for the year, according to a person familiar with the matter. Megia’s $7.6 billion macro fund slid about 4.7%, said the person, asking not to be named discussing private results.