Why Citadel? / Overview of Citadel (2024)

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Overview

Citadel is a multinational hedge fund with an AUM of >$250B. The firm employs a variety of investment strategies across equities, fixed-income, commodities, credit, and quantitative trading.

Citadel was founded in 1990 by Ken Griffin and is headquartered in Chicago, Illinois. The firm is one of the largest hedge funds in the world, managing assets for institutional investors, high-net-worth individuals, and pension funds.

Citadel LLC is known for its sophisticated investment approach, which includes a focus on quantitative analysis and the use of advanced technology and data analytics to identify investment opportunities and manage risk.

Ken Griffin, the firm's founder, is a well-known figure in the investment world, and he has earned a reputation for being one of the most successful hedge fund managers of his generation.

Why Citadel? / Overview of Citadel (2)

Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Citadel, you should make sure you know:

  • 1 deal that the investment team you are recruiting with has done

  • 1 person at the firm (ideally someone who would have influence over your recruiting process)

  • 1 business model-specific detail to mention

We explain how to answer qualitative questions and research private equity firms in our Private Equity Course. We also teach how to build LBO models and prepare for case study interviews.

Why Citadel? / Overview of Citadel (3)

Fact Sheet

Why Citadel? / Overview of Citadel (4)
  • Company Name: Citadel

  • Description: Citadel LLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company

  • Firm Category: Hedge Fund

  • Status: Citadel is a privately held company

  • Founded: 1990

  • Assets Under Management: >$250B

  • Chief Executive Officer: Kenneth Griffin

  • Headquarters: Chicago, USA

Resources

Why Citadel? / Overview of Citadel (5)
Why Citadel? / Overview of Citadel (6)

Based on the H1B Database, the average base salary for an Analyst at Citadel is $150k - $200k. We note that this salary information may be dated and not reflective of their current pay.

Why Citadel? / Overview of Citadel (2024)

FAQs

What makes Citadel unique? ›

Superior Analytics and Technology

Our engineering and quantitative research teams drive us forward with proprietary technology and tools, models and algorithms created in partnership with the investment teams.

Why is Citadel successful? ›

Citadel LLC is known for its sophisticated investment approach, which includes a focus on quantitative analysis and the use of advanced technology and data analytics to identify investment opportunities and manage risk.

How hard is it to get into Citadel? ›

The acceptance rate at The Citadel is 98.6%.

In other words, of 100 students who apply, 99 are admitted. This means the school is a nearly open admissions school. They accept nearly all students, so for the most part, you just need to submit an application to get in.

Why do I want to work at Citadel? ›

What sets Citadel apart in the financial industry? We only hire extraordinary talent. Our colleagues are extremely smart, driven individuals focused on achieving results. The opportunity for learning and growth is unrivaled.

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