Hedge-fund billionaires bet on London again
Rebound is driving up demand for office space in Mayfair and other districts where hedge funds congregate
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London
THE city's fund industry is bouncing back, and US billionaires Steven Cohen and Ken Griffin are grabbing a piece of the action.
Griffin's Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the US. Point72 Asset Management, the family office that oversees Mr Cohen's wealth, is plotting a return to Europe's financial hub by year-end, said a person with knowledge of the matter.
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