Citadel Investment Group
Encyclopedia : C : CI : CIT : Citadel Investment Group
Citadel Investment Group is a 12 billion dollar Chicago-based hedge fund founded by billionaire trader Kenneth C. Griffin, and is one of the world's largest hedge funds. The firm is known for its daily trading volume, which amounts to 1-2% of daily trading activity in New York and Tokyo. It also requires longer "lock-up" periods from investors than many other hedge funds.
From the period January 1, 1988 through May 30, 2004, Citadel Investment Group had achieved an annualized net return of approximately 28%, making it one of the best performing hedge funds within that period.
External links
- [Citadel Investment Group Home Page]
- [Hoovers on Citadel]
- [CME Magazine article on Citadel with photos (see page 23 of article)]
- [Citadel Investment Group Information] HedgeFundsInvesting.com
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