American hedge fund and financial services provider
This article is about the hedge fund. For market maker, see Citadel Securities. For the military college, see The Citadel. For other uses, see Citadel (disambiguation) and The Citadel (disambiguation).
Citadel LLC
Headquarters at Southeast Financial Center
Company type
Private
Industry
Financial services
Predecessor
Wellington Financial (1990–1994)
Citadel Investment Group (1994–2013)
Founded
1990; 34 years ago (1990) in Chicago, Illinois, U.S.
Founder
Kenneth Griffin
Headquarters
Southeast Financial Center, Miami, Florida, U.S.
Key people
Kenneth Griffin (CEO & Co-CIO)
Pablo Salame (Co-CIO)
Gerald A. Beeson (COO)
Ben Bernanke (Senior Advisor)
Products
Alternative investments
AUM
US$62.3 billion (December 31, 2022)[1]
Owner
Kenneth Griffin (85%)[2]
Number of employees
2,630 (2022)[3]: 27
Website
citadel.com
Citadel LLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company. Founded in 1990 by Ken Griffin, it has more than $58 billion in assets under management as of January 2024[update]. The company has over 2,800 employees,[4] with corporate headquarters in Miami, Florida,[5][3]: 1 and offices throughout North America, Asia, and Europe. Founder, CEO and Co-CIO Griffin owns approximately 85% of the firm.[6] As of December 2022, Citadel is one of the most profitable hedge funds in the world, posting $74 billion in net gains since its inception in 1990, making it the most successful hedge fund in history, according to CNBC.[7][8]
Citadel LLC is a separate entity from the market maker Citadel Securities, although both were founded and are owned by Griffin.[9]
^"RIP the cult of the Tiger cub". Financial Times. January 23, 2023.
^"Ken Griffin Bloomberg". Bloomberg News. 2019. Archived from the original on August 20, 2020. Retrieved October 9, 2020.
^ ab"Citadel Advisors LLC Form ADV" (PDF). U.S. Securities and Exchange Commission. August 15, 2022.
^"Multistrategy hedge funds: Who are they? How do you get a job there?". eFinancialCareers. April 5, 2023. Retrieved March 26, 2024.
^"About Citadel". Citadel. Retrieved August 23, 2022. Miami Global Headquarters Southeast Financial Center 200 S. Biscayne Blvd. Miami, FL 33131
^"Bloomberg Billionaires Index". Bloomberg L.P. Archived from the original on August 20, 2020.
^Tucker, Hank. "Citadel's $16 Billion Gain In 2022 Makes Ken Griffin's Flagship The Top-Earning Hedge Fund Ever". Forbes. Retrieved May 20, 2023.
^Gilchrist, Karen (January 23, 2024). "World's largest hedge funds record bumper year of profits, research shows". CNBC. Retrieved March 26, 2024.
^Phillips, Matt; Kelly, Kate (February 18, 2021). "A Shadowy but Powerful Wall St. Firm Has Its Moment in Washington". The New York Times. ISSN 0362-4331. Retrieved May 5, 2022.
CitadelLLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company. Founded in 1990 by...
Citadel Securities LLC is an American market making firm headquartered in Miami. It is one of the largest market makers in the world, and is active in...
customer orders to Citadel, which was its largest market making partner by volume. Citadel Securities is the sister company to CitadelLLC, which along with...
Mars 38.9 Mars 87 21 MacKenzie Scott 37.1 Amazon 53 22 Ken Griffin 35.4 CitadelLLC 54 23 Stephen A. Schwarzman 34.5 Blackstone Group 76 24 Miriam Adelson...
hands of Kenneth C. Griffin, the founder and CEO of CitadelLLC. Balyasny Asset Management and CitadelLLC were hedge fund rivals as they were both based in...
pay the money for the sales, co-chairman Vlad Tenev, at the behest of CitadelLLC owner Ken Griffin, halts all purchasing of GameStop's stock until Robinhood...
American hedge fund manager Kenneth C. Griffin, the founder and CEO of CitadelLLC, for £95 million. The 2019 sale of 3 Carlton Gardens was the most expensive...
trading, and more efficient execution. In general, market makers like CitadelLLC, Virtu Financial, and Susquehanna International Group are willing to...
Cayman Islands. In 2011, the company hired 25 investment bankers from CitadelLLC. In April 2012, Wells Fargo acquired Merlin Securities. In December 2012...
and headquarters a wide variety of financial institutions including CitadelLLC, CNA Financial, Discover Financial Services, Morningstar, Inc., Nuveen...
Street Journal reported that TGS outbid Renaissance Technologies and CitadelLLC to hire a International Mathematical Olympiad gold medalist for $700...
experienced an exodus of large corporations since 2020, including Boeing; CitadelLLC; Caterpillar; and Tyson Foods. Three Fortune 500 companies left Chicago...
third place in 2017. Song was previously a Quantitative Researcher at CitadelLLC. As of 2022, he is a graduate student at the University of Illinois Urbana–Champaign...
in economics in 2001, Gabriel Plotkin joined Ken Griffin's hedge fund CitadelLLC, and later Connecticut-based hedge fund North Sound Capital. Prior to...
Amaranth transferred its energy portfolio to a third party consisting of CitadelLLC and JPMorgan Chase. On September 29, 2006, Amaranth's founder sent a...
Bridgewater Associates Capital Fund Management Capula Investment Management CitadelLLC D. E. Shaw & Co. Geode Capital Management GSA Capital High-Flyer Lingjun...
Blander was previously head of the high-frequency trading group of CitadelLLC while Rauchman was the chief technology officer of GETCO. In August 2017...
year, NBCUniversal sold its minority stake in Ion Media Networks to CitadelLLC. On December 3, 2007, Qubo expanded its programming offerings to include...
Corporation Checkers and Rally's Cheeburger Cheeburger Chewy, Inc. Chico's CitadelLLC Citizens First Bank Citrix Systems Cortera Costa Del Mar CSX Corporation...
position he held from 2000 to 2004, and oversaw the company's sale to CitadelLLC. He has appeared on the CNBC financial investing show Fast Money. Beginning...
Sheriff (2005–present) Notable individual Ken Griffin, founder of CitadelLLC and Citadel Securities Donald Trump Governor Ron DeSantis, Governor of Florida...
from the collapse were about $1.5 billion. Chicago-based hedge fund CitadelLLC bought out Sowood's position and made huge profits as the markets recovered...
Stanley, Citigroup, Credit Suisse First Boston, UBS, Merrill Lynch and CitadelLLC—collectively owned about 89% of the exchange. On October 20, 2007, The...
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