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Citadel
A prominent hedge fund mentioned as an example of a firm that is allowed to use immense leverage (e.g., running a trillion-dollar book on $50 billion of capital) due to its sophisticated risk management systems, highlighting the scale of leverage in the market.
entitydetail.created_at
8/26/2025, 6:14:07 AM
entitydetail.last_updated
8/26/2025, 6:16:59 AM
entitydetail.research_retrieved
8/26/2025, 6:16:59 AM
Summary
Citadel LLC is an American multinational hedge fund and financial services company, founded in 1990 by Kenneth Griffin. It is recognized for its significant role in the global financial system, particularly its use of computer trading algorithms and substantial leverage. The company was specifically mentioned in the context of the unwinding of the Yen Carry Trade, where its operations, along with other hedge funds, highlighted the fragility of the global financial system and the potential for forced liquidations from margin calls.
Referenced in 1 Document
Research Data
Extracted Attributes
Name
Citadel LLC
Type
Multinational hedge fund and financial services company
Founded
1990
Founder
Kenneth Griffin
Ownership
Kenneth Griffin owns approximately 85% of the firm
Former Name
Citadel Investment Group, LLC
Headquarters
Miami, Florida, USA
Number of Employees
Over 2,900
Global Hedge Fund Ranking
11th largest
Multi-strategy Hedge Fund Ranking (2023)
2nd largest globally
Assets Under Management (as of June 2024)
More than $63 billion
Assets Under Management (as of January 2025)
More than $65 billion
Timeline
- Citadel LLC was founded by Kenneth Griffin. (Source: web_search_results)
1990-01-01
- Citadel returned approximately $7 billion in profits to its clients, achieving about a 15% return for its flagship fund. (Source: web_search_results)
2023-12-31
- Citadel managed more than $63 billion in capital. (Source: web_search_results)
2024-06-01
- Citadel managed more than $65 billion in assets. (Source: web_search_results)
2025-01-01
Web Search Results
- Citadel - Wikipedia
A citadel is the most fortified area of a town or city. It may be a castle, fortress, or fortified center. The term is a diminutive of _city_, meaning "little city", because it is a smaller part of the city of which it is the defensive core. [...] A modern naval interpretation refers to the heaviest protected part of the hull as "the vitals", and the citadel is the semi-armoured freeboard above the vitals. Generally, Anglo-American and German languages follow this while Russian sources/language refer to "the vitals" as цитадель "citadel". Likewise, Russian literature often refers to the turret of a tank as the 'tower'. The safe room on a ship is also called a citadel. See also -------- [edit] [...] At various periods, and particularly during the Middle Ages and the Renaissance, the citadel – having its own fortifications, independent of the city walls – was the last defence of a besieged army, often held after the town had been conquered. Locals and defending armies have often held out citadels long after the city had fallen. For example, in the 1543 Siege of Nice the Ottoman forces led by Barbarossa conquered and pillaged the town and took many captives, but the citadel held out.
- Citadel LLC - Wikipedia
Citadel LLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company. Founded in 1990 by Kenneth Griffin, it has more than $65 billion in assets under management as of January 2025( The company has over 2,900 employees,( with corporate headquarters in Miami, Florida,( 1 and offices throughout North America, Asia, and Europe. Founder, CEO and Co-CIO Griffin owns approximately 85% of the firm.( As of December 2022, Citadel is one of [...] In 2023, Citadel returned about $7 billion in profits to its clients, which amounted to about a 15% return for its flagship fund.( As of June 2024, Citadel managed more than $63 billion in capital and was one of the world's largest asset managers.( Citadel ranks as the eleventh largest hedge fund manager in the world,( and in 2023 the second largest multi-strategy hedge fund globally.( Citadel's group of hedge funds rank among the largest and most successful hedge funds in the world.( [...] Print/export Download as PDF Printable version In other projects Wikidata item Appearance move to sidebar hide From Wikipedia, the free encyclopedia American hedge fund and financial services provider This article is about the hedge fund. For the market maker, see Citadel Securities. For the military college, see The Citadel. For other uses, see Citadel (disambiguation) "Citadel (disambiguation)") and The Citadel (disambiguation) "The Citadel (disambiguation)").
- History of The Citadel - Wikipedia
The Citadel traces its origins to an arsenal constructed by the state of South Carolina to defend white Charlestonians against possible uprisings of enslaved people following the thwarted Denmark Vesey rebellion of 1822. In 1829 South Carolina constructed an arsenal on what is now Marion Square in downtown Charleston to house arms and ammunition. The State entered into an agreement in 1830 with the War Department for Federal troops from nearby Fort Moultrie to garrison this new arsenal. State [...] In the war with Spain in 1898 more Citadel alumni volunteered for service than were needed. In World War I, Citadel graduates were among the first contingents of American troops to fight with the Australian, and later British and French divisions; several served prominently with the Marine Corps at the Battle of Belleau Wood. The name of the college was officially changed in 1910 to "The Citadel, The Military College of South Carolina"; the word "Academy" had become synonymous with secondary
- Citadel | Definition, Examples, History, & Facts - Britannica
citadel, fortified structure that is often located within a city or town. While designed to protect or subjugate social groups, citadels often played a significant role in shaping culture. The word is from the Latin civitas ( “citizenship,” “the state,” or “city”) via the Italian cittadella (“small city”). [...] Citadels in medieval and early modern Europe were built to provide shelter in times of siege, as occurred in Nice, France, in 1543 at the hands of Ottoman corsair Barbarossa. They were also built to keep inhabitants subjugated, as exemplified by the citadel of Barcelona, which was built by Philip V in 1716 to prevent the Catalans from rebelling against his forces. Citadels were typically the strongest part of fortifications with bastions, forming part of the outer wall for economic purposes. [...] Certain citadels have been named World Heritage sites by UNESCO due to their exceptional historic value. The Erbil citadel, in modern-day Iraqi Kurdistan, is a rare extant example of a settlement that developed on an ovoid-shaped tell (a mound in the Middle East composed of remains of successive communities) and is one of the world’s oldest continuously inhabited sites. Located in what was once the noteworthy Assyrian administrative centre Arbela, it is laid out in a fanlike pattern that
- The Citadel: A Brief History
engineers, doctors, lawyers, writers and business executives in many diverse fields of endeavor. The record of Citadel graduates has more than validated the hopes of Governor Richardson in 1842, that the institution he sought to establish would produce useful citizens. At the beginning of the Twenty-First Century, The Citadel continues to stand as a bulwark of Duty, Honor, God and Country, dedicated to producing principled leaders for service to the state of South Carolina, and our nation. [...] The original site of The Citadel was on what is now Marion Square in the City of Charleston. A fortification, known as a “Horn works”, was established in Marion Square during the Revolutionary War. In 1783, this site was transferred to the City upon its incorporation as a municipality. Six years later a small portion of this tract was transferred back to the state for use as a tobacco inspection site. The City retained the remainder of the land known as The Citadel Green which was used as a [...] The Citadel’s unique educational experience, combining rigorous academic preparation within a disciplined military environment, has continued to keep pace with the changing nature of our society. During the 20th Century, The Citadel established itself as one of the leading undergraduate liberal arts colleges in the Southeast.95 It has also expanded its academic programs to serve the needs of the South Carolina low country by establishing the undergraduate Evening College in 1966, and Graduate
DBPedia
View on DBPediaA citadel is the core fortified area of a town or city. It may be a castle, fortress, or fortified center. The term is a diminutive of "city", meaning "little city", because it is a smaller part of the city of which it is the defensive core. In a fortification with bastions, the citadel is the strongest part of the system, sometimes well inside the outer walls and bastions, but often forming part of the outer wall for the sake of economy. It is positioned to be the last line of defence, should the enemy breach the other components of the fortification system. The functions of the police and the army, as well as the army barracks were developed in the citadel.
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Location Data
القلعة, Triq il-Kwartier San Martin, Ir-Rabat, Għawdex, VCT 1883, Malta
Coordinates: 36.0463203, 14.2396114
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