Citadel Alum Jack Woodruff to Shutter Hedge Fund Candlestick

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Candlestick Capital, a hedge fund founded by Jack Woodruff, a former Citadel trader, is shutting down, contributing to the trend of more hedge fund closures than launches since 2020.

Market Impact

Market impact analysis based on bearish sentiment with 63% confidence.

Sentiment
Bearish
AI Confidence
63%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

A former Citadel trader, Jack Woodruff, is winding down Candlestick Capital, the hedge fund he started in 2019. More than 2,800 hedge funds have closed since the start of 2020, exceeding the number of launches. Bloomberg's Nishant Kumar talked about the story on "Bloomberg Markets" with Scarlet Fu. (Source: Bloomberg)

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Original article published by Bloomberg on December 10, 2025.
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