Search results
Results From The WOW.Com Content Network
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 $63 billion in assets under management as of June 2024 [update] .
He is the founder, chief executive officer, co-chief investment officer, and 80% owner of Citadel LLC, [1] [2] a multinational hedge fund. He also owns Citadel Securities, one of the largest market makers in the United States. [3] As of April 2023, Griffin had an estimated net worth of $35 billion, making him the 38th-richest person in the world.
Citadel Securities is a separate entity from the hedge fund Citadel LLC, although both were founded and are majority owned by American hedge fund manager Kenneth C. Griffin. [8] Citadel Securities moved its headquarters from Chicago to Miami in 2022 [9] [10] with plans to build a new headquarters on Brickell Bay Drive.
For premium support please call: 800-290-4726 more ways to reach us
Peng Zhao was a summer associate at Lehman Brothers and was a quantitative researcher at Evnine & Associates before joining Citadel. [5] Peng Zhao joined Citadel Securities in 2006 as a quantitative researcher. [6] In July 2016, Citadel Securities announced that then Microsoft COO, B. Kevin Turner, was joining the firm as CEO. [7]
Citadel Securities has blasted the CEO of Trump Media—the parent company of Truth Social—after the executive accused the Ken Griffin-founded company of "potential market manipulation."
[2] [3] [5] This email wound up in the hands of Kenneth C. Griffin, the founder and CEO of Citadel LLC. Balyasny Asset Management and Citadel LLC were hedge fund rivals as they were both based in Chicago at the time and spent a lot of money in a talent war where they would both try to poach each other's employees.
For premium support please call: 800-290-4726 more ways to reach us