Citadel LLC
American hedge fund and financial services provider / From Wikipedia, the free encyclopedia
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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]
Company type | Private |
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Industry | Financial services |
Predecessor |
|
Founded | 1990; 34 years ago (1990) in Chicago, Illinois, U.S. |
Founder | Kenneth Griffin |
Headquarters | Southeast Financial Center, Miami, Florida, U.S. |
Key people |
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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 is a separate entity from the market maker Citadel Securities, although both were founded and are owned by Griffin.[9]