Citadel

Citadel

Alternative investment management for institutions

About Citadel

Simplify's Rating
Why Citadel is rated
A+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Quantitative Finance

Financial Services

Company Size

1,001-5,000

Company Stage

Seed

Total Funding

$40.5K

Headquarters

Miami, Florida

Founded

1990

Overview

Citadel is an alternative investment manager that specializes in managing hedge funds for prestigious institutions like pension funds and sovereign wealth funds. With $63 billion in investment capital, Citadel focuses on identifying opportunities in global financial markets to generate high returns. The firm employs skilled traders who take calculated risks, earning revenue through performance fees based on profits and management fees on total assets. Citadel stands out from competitors with its commitment to transparency and civic leadership, advocating for fair markets and community support. The company's goal is to grow its clients' investments while maintaining a strong ethical presence in the financial industry.

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Simplify's Take

What believers are saying

  • AI-driven trading strategies could enhance Citadel's edge in algorithmic trading.
  • Investing in private equity and venture capital diversifies Citadel's portfolio and reduces risk.
  • Blockchain technology could improve transparency and efficiency in Citadel's operations.

What critics are saying

  • Increased competition for top talent may drive up Citadel's compensation costs.
  • Regulatory scrutiny may arise from Citadel's acquisition of Energy Grid.
  • Operational risks exist due to Citadel's headquarters move from Chicago to Miami.

What makes Citadel unique

  • Citadel is the most profitable hedge fund manager globally, with $63 billion in capital.
  • The firm employs skilled traders to capitalize on global financial market opportunities.
  • Citadel advocates for transparency and resiliency in the U.S. Treasury market.

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Funding

Total Funding

$40.5k

Above

Industry Average

Funded Over

0 Rounds

Company News

eFinancialCareers
Oct 22nd, 2024
Citadel hires Balyasny director to lead equities engineering

William Pan has joined Citadel in New York as an engineering lead for its equities business.

The Times of India
Oct 19th, 2024
Apple may have lost another HR executive to this investment firm, here's how the exits may be connected

Gehring is expected to take on the role of Chief People Officer at Miami-based investment firm Citadel.

PR Times
Sep 5th, 2024
シタデル、エナジーグリッドの全株式取得を完了

シタデル・エンタープライズ・ジャパン合同会社のプレスリリース(2024年9月2日 09時00分)シタデル、エナジーグリッドの全株式取得を完了

Illinois Policy Institute
Aug 15th, 2024
Morton Salt joins other major companies moving headquarters out of Illinois

Hedge-fund giant Citadel moved its headquarters to Miami, citing a better corporate environment and concerns over crime in Chicago.

GeekWire
Aug 1st, 2024
Protein Design Startup Outpace Lands $144M To Test Treatments That Target Solid Tumors

Outpace scientists Chelsea Dunmire (left) and Willimark Obenza examining the results of a lab experiment. (Outpace Photo / Luca Mercedes)Outpace Bio, a Seattle startup using artificial intelligence to design proteins that are incorporated into cancer therapies targeting solid tumors, has raised $144 million in new cash from investors.The fresh funding will allow Outpace researchers to test its treatment in a clinical setting. The goal is to benefit patients and validate the company’s approach to battling cancer.A growing number of cancer treatments harness a type of immune system cell called a T cell to target and destroy cancerous cells. The strategy has been successful for blood cancers, but the solid tumors are better at deflecting the therapies, said Outpace co-founder and CEO Marc Lajoie.So Outpace is modifying the T cells in multiple ways to improve their performance while limiting harmful side effects for patients. “If you think of cancer as a game of Whack-a-Mole, you can’t just whack the first mole and win the game,” Lajoie told GeekWire. “You need to be able to whack each of the moles that comes up

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