Citadel LLC is an American multinational hedge fund and financial services company founded in 1990 by Kenneth Griffin. As of February 1, 2026, Citadel manages over $66 billion in investment capital. The company employs over 2,900 people across offices in North America, Asia, and Europe, with its headquarters in Miami, Florida. Kenneth Griffin serves as the Founder, CEO, and Co-CIO, owning approximately 85% of the firm, while Pablo Salame is Co-CIO and Gerald A. Beeson is COO. Citadel operates across multiple asset classes, utilizing strategies in equities, fixed income and macro, commodities, and credit.
Citadel is recognized as one of the most profitable hedge funds, posting $74 billion in net gains since its inception. In 2022 and 2023, Citadel was named the #1 most profitable hedge fund manager of all time. Recent news includes Ken Griffin speaking at the 2026 World Economic Forum, plans to open a Dubai office, and the debut of a new AI tool for equities investors. In October 2025, Citadel LLC announced it would acquire German power trading firm, FlexPower. Citadel also reported a 1.7% stake in OnKure Therapeutics in February 2026. Despite decreased returns, Citadel maintained steady employee compensation, demonstrating a commitment to talent retention.