Hedge fund management has long been considered a game of the big leagues. It can be quite complicated if you do not know what you are doing. Only with the right kind of knowledge can you persevere in these murky waters. Ken Griffin, the founder and chief executive officer at Citadel, a consortium of companies, has been in hedge fund management for an extensive time. According to him, the financial market is a walk in the park, and hedge funds are just another financial product amongst a list of other investment creations.
Kenneth Griffin is the sole founder and chief executive officer of Citadel. Equipped with only a fax machine, a personal computer, and a telephone, Kenneth Griffin began trading http://www.wsj.com/articles/citadels-ken-griffin-leaves-2008-tumble-far-behind-1438655887 while he was in his Harvard dorm room back in 1987. From such humble yet motivated beginnings, Griffin was able to catch the attention of hedge fund forerunner and co – founder of Chicago – based Glenwood Partners, Frank Meyer. Through Meyers insights and aid Griffins performance skyrocketed and earned him a placement to establish himself and what would someday become Citadel, the great hedge fund investment consortium
A diverse company, Citadel group, includes Citadel, which in itself is a leading alternative asset management platform; Citadel Securities, one of the principal liquidity providers in America’s capital markets; and lastly Citadel Technology, a prime solutions provider for investment management technology and infrastructure. Among the business community, Mr. Griffins is an affiliate of numerous organizations, comprising of the Economic Club of Chicago, the Civic Committee of the Commercial Club of Chicago and G100.
Citadel LLC has dominated hedge fund management for a long time, with relevant products such as equity options,equities, and interest rate swaps for retail and institutional clients. Kenneth Griffin, the driving force and proprietor of the company, has made a great difference in his tenure. During the American financial crisis, Citadel was on its knees, nearly collapsing. It was through Kenneth’s efforts that the Chicago-based hedge fund firm was able to gain ground. Now, it manages an unbelievable $26 billion in assets and liquidated cash. The performance of the company is so optimal that the firms major hedge funds profited nearly 18% net returns in 2014, furthermore, Kenneth is even making plans on taking the hedge fund firm public with its primary IPO. When this happens, Citadel’s success will be immeasurable; Kenneth will simply be viewed as a genius.
Mr. Kenneth Griffins graduated with a degree from Harvard University, a crucial component for his overwhelming success. His moral compass is quite right. He is an avid supporter of educational initiatives that empower community development and performs as a member of the Board of Directors of the Chicago Public Education Fund. His open assistance of Chicago’s civic and cultural institutions has proved his love for decent governance and administration. He has a taste for art owing to the fact that he serves on the Board of Trustees for the Art Institute of Chicago, the Museum of Contemporary Art, The University of Chicago and The Whitney Museum.