What does Citadel do?

Citadel LLC is a multinational hedge fund and financial services company founded in 1990 by Kenneth Griffin. Headquartered in Miami, Florida, it employs over 2,900 people across 24 offices globally. As of January 2025, Citadel manages more than $65 billion in assets, making it one of the largest hedge funds in the world and the second-largest multi-strategy hedge fund in 2023, delivering approximately $7 billion in profits to clients that year. The firm offers a wide range of investment strategies, including equities, fixed income, commodities, and quantitative strategies. Citadel focuses on maximizing capital potential for its clients through advanced technology, analytics, and a team-centered culture that promotes innovation and employee wellness. The company has a history of strategic growth, including significant acquisitions and investments in reinsurance, demonstrating its commitment to impactful investments across global markets.