Ken Griffin
From MarketsWiki
| This page is not complete! |
| Do you have knowledge to contribute on this or other subjects?
Help the wiki grow -- add what you know. |
| Ken Griffin | |
| Occupation | Founder, President and Chief Executive Officer |
|---|---|
| Employer | Citadel Investment Group |
Ken Griffin founded Citadel Investment Group, L.L.C. in 1990. He is also president and chief executive officer of the company, which manages nearly $11 billion of investment capital in two domestic and two offshore hedge funds.[1]
Griffin, a multi-billionaire as of 2007,[2] is a member of the boards of trustees of The Art Institute of Chicago and the Chicago Symphony Orchestra Association. He also serves as a director of The Chicago Public Education Fund and is a member of The Chicago Public Library Foundation Investment Committee and the Harvard Financial Aid Task Force.
Griffin is also a member of the board of trustees of the Museum of Contemporary Art. Griffin and his wife, Anne, announced a gift of $19 million to the museum's "Building of the Century" campaign in October 2006. In recognition of their generosity, the museum named the Anne D. and Kenneth C. Griffin Great Court in the the museum's Modern Wing in their honor.[3]
In October of 2008, Citadal took the unusual step of issuing a statement to deflect rumors that it might be in trouble. Citadel said in the statement that the talk was "categorically false." Hours later, Griffin held an emergency conference call that transfixed Wall Street. On the call, Griffin said Citadel was sound. The firm had ample cash and financing facilities on hand, and its investors had withdrawn only a small amount of their money, he said. [4]
Background
| This page needs a sponsor. |
| Put your logo here! |
| Email us for information on how to support MarketsWiki. |
Griffin was born in 1968[5] and grew up in Florida. He started a small investment portfolio from a Harvard dorm room as a freshman in 1986 after reading article on Home Shopping Network in Forbes. He managed $1 million by his senior year.
Investor Frank Meyer convinced Griffin to move to Chicago. Griffin founded Citadel Investment Group in 1990 with money from Meyer.
Griffin's wife, French native Anne Dias Griffin, is the founder and managing partner of Aragon Global Management.[6]
Education
Griffin graduated with honors in three years from Harvard College with a B.A. in economics.
References
- ↑ Ken Griffin. GFLC. Retrieved on August 20, 2008.
- ↑ A Hedge Fund Superstar. Fortune Magazine. Retrieved on August 20, 2008.
- ↑ Two Extraordinary People: Anne D. and Kenneth C. Griffin. Art Institute of Chicago. Retrieved on August 20, 2008.
- ↑ Citadel Chief Denies Rumors of Trouble. NYTimes.com. Retrieved on October 27, 2008.
- ↑ Hedge Fund - Rising Star in Creating Billionaires. Investment Banking Resume. Retrieved on August 20, 2008.
- ↑ Anne Dias Griffin. Crain's Chicago Business. Retrieved on August 20, 2008.
