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Citadel 'to consider IPO this year'

US hedge fund manager Citadel Investment Group is contemplating an initial public offering as early as this year after making a return of more than 30% for its investors in 2007.

The firm, which is one of the world's 20 largest hedge fund managers with $20bn (€14bn) of assets under management, has been contemplating a flotation since at least 2005, as first reported by Financial News.

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