Citadel LLC
American hedge fund and financial services provider
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| 2023 | Citadel returned about $7 billion in profits to its clients, representing approximately a 15% return for its flagship fund. The firm managed more than $63 billion in capital and ranked as the eleventh largest hedge fund manager globally and the second largest multi-strategy hedge fund. |
| 2022 | Citadel's hedge fund unit posted a record year, generating about $28 billion in revenue and returning $16 billion to clients, overtaking Bridgewater as one of the most profitable hedge funds in history. |
| December 2022 | Citadel signed a deal with Vornado Realty Trust and Rudin Management Co. to master lease a new $1.2 billion office tower on Park Avenue in Midtown Manhattan as its new New York City headquarters. |
| June 23 2022 | Kenneth Griffin announced Citadel would be moving its headquarters from Chicago to Miami, Florida, citing a more favorable business climate and increased crime complaints. |
| 2021 | Citadel ranked second among the top money managers for net gains. |
| January 2021 | Citadel and Point72 Asset Management invested $2.75 billion in Melvin Capital after it lost 53% of its value during the GameStop short squeeze. |
| 2020 | Citadel concluded its series of speaking fee payments to Janet Yellen, totaling over $800,000 during the period of 2018-2020. |
| July 2020 | During the coronavirus pandemic, Citadel created a 'bubble' for 100 interns by renting a luxury resort in Wisconsin to provide a safe internship experience. |
| January 2020 | Citadel Securities paid a $97 million settlement to Chinese regulators, resolving a long-standing investigation. |
| 2019 | Aptigon Capital was closed following Eric Felder's departure from the company. |
| 2018 | Citadel began paying speaking fees to Janet Yellen, former secretary of the treasury, while she was not in office. |
| 2018 | Richard Schimel left Citadel, and Eric Felder replaced him as the leader of Aptigon Capital. |
| 2016 | Aptigon Capital was formed after Citadel LLC hired 17 portfolio managers from Visium Asset Management, which was in the process of closing down. Richard Schimel initially led the unit. |
| 2015 | Citadel paid pop-star Katy Perry $500,000 to perform at an event celebrating the firm's 25th anniversary. |
| 2014 | Citadel paid former president Bill Clinton $250,000 to speak at New York restaurant Daniel to investors and employees during a celebration of the Citadel founder's 46th birthday. |
| 2014 | Citadel became the first foreign hedge fund to complete a yuan fundraising in China, allowing Chinese investors to invest in overseas hedge funds. |
| 2014 | Over an 18-month period, Citadel's assets under management increased by $10 billion, growing from $16 billion to $26 billion, driven by a 29% rise in its main hedge funds and new cash inflows. |
| 2013 | Citadel Technology announced a partnership with REDI, combining Citadel's order management system (OMS) with REDI's execution management capabilities (EMS). |
| January 17 2012 | Citadel's flagship funds (Citadel Kensington Global Strategies Fund Ltd and Citadel Wellington LLC) recovered from 2008 financial crisis losses, enabling the firm to again charge client fees and take profit percentages. |
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