Citadel Investment Company Description
This Citadel aspires not to turn boys into men, but to turn cash into, well, more cash. Citadel Investment Group, whose seeds were planted in super-trader Ken Griffin's Harvard dorm room in 1987, has become one of the world's largest hedge funds, accounting for as much as 2% of trading activity in at the New York Stock Exchange and Nasdaq every day. Because of this high volume, the company also acts as a market maker on smaller exchanges for some blue-chip stocks. It currently manages more than $20 billion for a wide range of investors. Characterized by its founder's rigorous application of quantitative and fundamental trading methods and technology, the firm employs several different investment strategies.
View the Comprehensive Company Description for Citadel Investment
The Company Description provides a historical perspective of Citadel Investment's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Citadel Investment's evolution in the marketplace.
