Citadel | Latest News & Updates - Jan 28, 2025 Release

Citadel added Hong Kong as a new location for its Credit & Convertibles operations as of January 2025...


Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡


Citadel

🌎 citadel.com

Citadel is a leading alternative investment manager based in Miami, Florida, with a focus on delivering superior long-term returns for preeminent public and private institutions. Founded in 1990 by Ken Griffin, the firm employs a variety of investment strategies across asset classes including equities, fixed income, commodities, and quantitative trading. Citadel aims to identify the highest and best uses of capital, leveraging deep trading acumen and cutting-edge technology.


Citadel - Latest News and Updates

  • Citadel added Hong Kong as a new location for its Credit & Convertibles operations as of January 2025.
  • David Litner has left Citadel, where he held the position of Non-compete, to join Hidden Road as Chief Technology Officer in the United States.
  • Alice McCusker has left Citadel, where she served as Head of Product, Portfolio Management, Risk & Trading in the United States, to join JPMorganChase as Executive Director.
  • Ken Griffin, billionaire hedge fund manager, is partnering with Related Companies to co-develop Citadel's new 1,032-foot supertall tower at 1201 Brickell Bay Drive, with construction expected to start in the third quarter of 2025.
  • Citadel has expanded into Indonesia by establishing PT Citadel Group Indonesia in Jakarta and committing to the Nusantara Capital City project, with managing director Fred Chan highlighting their role as the second foreign investor.
  • Citadel is now accepting applications for the 2025 India Terminal, an online gaming platform where participants can win cash prizes and exclusive engagement opportunities.
  • Citadel updated its Global Quantitative Strategies data from October 2024 to January 2025 and removed San Francisco from its list of locations.
  • Ken Griffin has chosen Related Companies to develop a 54-story global headquarters for Citadel and Citadel Securities in Miami's Brickell District.
  • Citadel has pre-leased 33% of the 2 Finsbury Avenue office project in London, with options to increase to 50%.
  • In 2024, Citadel, led by Ken Griffin, generated record-breaking returns of $93.7 billion, significantly outperforming the previous year.

Sign up to receive regular updates


If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.