Research Update: Citadel Kensington I And II, Citadel Wellington Upgraded To'BBB'On Lower Leverage And Risk Exposure; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Citadel Kensington I And II, Citadel Wellington Upgraded To'BBB'On Lower Leverage And Risk Exposure; Outlook Stable

Research Update: Citadel Kensington I And II, Citadel Wellington Upgraded To'BBB'On Lower Leverage And Risk Exposure; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Citadel Kensington I And II, Citadel Wellington Upgraded To'BBB'On Lower Leverage And Risk Exposure; Outlook Stable
Published Oct 30, 2026
Published Oct 30, 2026
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

The three Citadel funds (Citadel Kensington Global Strategies Fund Ltd., Citadel Kensington Global Strategies Fund II Ltd., and Citadel Wellington LLC) have exhibited a long track record of capital growth and robust risk-adjusted returns through economic cycles and periods of volatility. The funds have maintained lower risk exposure and leverage on a sustained basis despite opportunistic investments earlier this year. As a result, on Oct. 30, 2026, S&P Global Ratings raised its issuer credit ratings on the Citadel funds and Citadel Finance LLC, the financing subsidiary, and issue rating on the subsidiary's senior unsecured debt to'BBB'from'BBB-'. The stable outlook reflects our expectation that Citadel's comprehensive risk management framework, embedded in the funds'investment processes, should limit downside

  
Report Type:

Research Update

Issuer
Citadel Kensington Global Strategies Fund Ltd.
Sector
Global Issuers, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Citadel Kensington I And II, Citadel Wellington Upgraded To'BBB'On Lower Leverage And Risk Exposure; Outlook Stable" Oct 30, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Citadel-Kensington-I-And-II-Citadel-Wellington-Upgraded-To-BBB-On-Lower-Leverage-And-Risk-Exposure-Outlook-Stable-3652866>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Citadel Kensington I And II, Citadel Wellington Upgraded To'BBB'On Lower Leverage And Risk Exposure; Outlook Stable Oct 30, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Citadel-Kensington-I-And-II-Citadel-Wellington-Upgraded-To-BBB-On-Lower-Leverage-And-Risk-Exposure-Outlook-Stable-3652866>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.