Tuesday, July 31, 2007

Opening Up the Citadel

Hedge fund wunderkind Ken Griffin has $13.5 billion at his disposal—and he definitely knows how to use it.

The people who run hedge funds, as everyone knows, are tight-lipped. But even by the lockdown standards of the industry, Citadel Investment Group and its founder, Ken Griffin, stand out. He has his employees sign such strict nondisclosure agreements that one former executive deadpanned over the telephone, "I’m not allowed to even say the word Citadel to you."

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