Citadel is a privately owned company headquartered in the US. Founded in 1990, the company employs approximately 4060 individuals, specializing in financial services. Functioning as a hedge fund and financial services company, Citadel managed over $39 billion in assets as of 2021.
On September 11, 2026, Citadel appointed Nabeel Bhanji, an Elliott veteran, to lead its international equities division, as the hedge fund combines divisions to expand its presence outside the U.S. Previously, on September 10, Reuters, citing five sources familiar with the matter, reported that Citadel held talks to acquire U.S. shale oil production assets, indicating a further expansion into physical asset ownership. This followed earlier reports from September 5 that Citadel was actively scouting for oil-producing assets in the United States, including an offer for WildFire Energy prior to Magnolia Oil & Gas clinching a $4.06 billion deal for the Eagle Ford operator. Separately, on September 7, Citadel founder Ken Griffin's move from Chicago continued to impact the city, with his former skyscraper reportedly emptying out after the hedge fund abandoned its 35-year hometown.
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