Citadel

Citadel

Global Multistrategy Hedge Fund & Asset Management. Learn more

Recent News about Citadel

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Citadel is a leading alternative investment manager, renowned for being the most profitable hedge fund manager of all time, according to LCH Investments NV. With $63 billion in investment capital as of May 1, 2024, Citadel operates in the global financial markets, managing funds on behalf of some of the world's most prestigious institutions. These clients include pension funds, endowments, and sovereign wealth funds, which rely on Citadel's expertise to grow their investments.

Citadel's business model revolves around identifying and capitalizing on opportunities in major financial markets worldwide. The firm employs a team of skilled traders who take calculated risks to generate high returns. Citadel makes money through performance fees, which are a percentage of the profits generated from the investments they manage, and management fees, which are a percentage of the total assets under management.

The company is also deeply committed to supporting the communities where it operates, demonstrating strong civic leadership. Citadel's dedication to fair and efficient markets is evident in its advocacy for enhanced transparency and resiliency in the U.S. Treasury market.

In recent news, Citadel's Chief Risk Officer, Joanna Welsh, was named one of the 100 Most Influential Women in U.S. Finance. Additionally, the firm has been recognized as a top 50 company in the U.S. by LinkedIn, and several of its female leaders have been listed among the 50 Leading Women in Hedge Funds by the Hedge Fund Journal.

Citadel's headquarters recently moved from Chicago to Miami, reflecting its dynamic and evolving nature. The firm continues to be led by Ken Griffin, a financial prodigy who has become an industry giant.

Keywords: alternative investment, hedge fund, financial markets, performance fees, management fees, institutional clients, transparency, risk management, civic leadership, Ken Griffin.