Kenneth Griffin, the billionaire founder of hedge fund Citadel LLC, bought two adjacent oceanfront properties in Palm Beach, Florida, for $79.6 million, his second luxury residential deal in less than two months.
Kenneth Griffin , chief executive of Citadel Investment Group LLC, and his wife Anne each contributed $250,000 to Karl Rove ’s American Crossroads fundraising group, new Federal Election Commission reports show.
E*Trade Financial Corp. said Citadel LLC is reducing its stake to less than 20 percent three years after the hedge-fund operator injected capital to help the online brokerage avoid bankruptcy. The stock fell.
Citadel LLC, the Chicago-based hedge fund firm founded by Kenneth Griffin, cleared the first credit- default swap tied to a company’s debt after the Securities and Exchange Commission reversed a decision on margin rules.
Citadel LLC, the Chicago-based firm run by billionaire Kenneth Griffin, handled more share volume on the Nasdaq Stock Market in September than any other brokerage, according to Crain’s Chicago Business.