Citadel Investment Group Llc

Read About Hedge Funds

Key Facts

Founded1990
Websitehttp://www.citadelgroup.com
HeadquartersChicago
Other OfficesNew York, San Francisco, London, Tokyo, Hong Kong
Employees1200
AUM$20.0 billion
StrategiesCredit, Multi Strategy, Relative Value

Overview

Citadel Investment Group Llc is a hedge fund based in Chicago with offices in New York, San Francisco, London, Tokyo, Hong Kong. It was founded in 1990 by Kenneth Griffin. They hold $20.0 billion in assets under management. Account for 3% of stock exchange volume http://www.businessweek.com/magazine/content/08_02/b4066030071614.htm?dlbk

13th largest hedge fund in Institutional Investor's 2008 Hedge Fund 100, up from 18th in 2007http://www.iimagazine.com/Rankings/rankingsHeFu100RGlobal08.aspx?LS=EMS204396

Historical Performance

2010 Returns
* Up 4% in July bringing YTD to 1%

2009 Returns
* Up 2.6% in February http://www.nypost.com/seven/03042009/business/griffins_funds__phoenix_like__show_gains_157881.htm
* Up 4.7% in Januaryhttp://www.efinancialnews.com/usedition/index/content/1053209549

Down 35% in 2008 as of 10/24/2008http://www.nytimes.com/2008/10/25/business/25hedge.html?partner=permalink&exprod=permalink


Earned 30% in 2007, and over 30% in 2006 http://www.chicagotribune.com/business/chi-fri_citadel_0104jan04,0,4236942.story

Kensington Global Strategies Fund up 31.68% in 2007
Wellington Fund up 34.19% in 2007http://www.iimagazine.com/Rankings/rankingsHeFu100RGlobal08.aspx?src=http://www.iimagazinerankings.com/rankingsHeFu100RGlobal08/Rankings.asp~PageID--2

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