Citadel LLC

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 $62 billion in assets under management as of December 2022. The company has over 2,600 employees, with corporate headquarters in Miami, Florida,:1 and offices throughout North America, Asia, and Europe. Founder, CEO and Co-CIO Griffin owns approximately 85% of the firm. As of December 2022, Citadel is the most successful hedge fund of all time, posting $65.9 billion in net gains since inception in 1990.

Citadel LLC
Company typeLimited liability (LLC)
IndustryFinancial services
Predecessor
  • Wellington Financial (1990–1994)
  • Citadel Investment Group (1994–2013)
Founded1990 (1990) in Chicago, Illinois, U.S.
FounderKenneth Griffin
HeadquartersSoutheast 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)
ProductsAlternative investments
AUMUS$62.3 billion (December 31, 2022)
OwnerKenneth Griffin (85%)
Number of employees
2,630 (2022):27
Websitewww.citadel.com

Citadel LLC is a separate entity from the market maker Citadel Securities, although both were founded and are owned by Griffin.

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