The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Awards for Excellence 2007: Best Hedge Fund

Ken Griffin says his firm has just had its best ever year. Keeping investors happy is crucial to that success.

Awards for Excellence 

Also shortlisted in this category:
Renaissance Technologies


It would be hard to find a bigger global success story in hedge fund history than Citadel. Respected around the world for its ability to put capital at risk and its 17-year track record of success in an industry where participants are not noted for their longevity, Citadel has earned a unique position amid ever-increasing competition. A far cry from the firm started by Ken Griffin in 1990, the $4.6 million convertible arbitrage fund has evolved to become a diversified financial institution, deploying approximately $15 billion in investment capital across nearly every important asset class.

"Throughout our history we have had a culture of innovation and a drive to remain on the leading edge," says Ken Griffin, president and CEO, adding that these attributes have been critical to Citadel’s evolution and expansion into new business areas.

Despite the huge growth that other firms have struggled to make work, Citadel continues to produce the kind of performance that keeps investors loyal, while demonstrating risk management expertise that sets a standard for an industry that has been scrutinized as a possible threat to the stability of financial markets.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree