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Kenneth Cordele Griffin (born October 15, 1968) is an American hedge fund manager, entrepreneur and investor. He is the founder, chief executive officer, co-chief investment officer, and 80% owner of Citadel LLC, [1] [2] a multinational hedge fund.
Skeptics of the role that Citadel played in the GameStop (GME) trading frenzy can expect the hedge fund’s CEO, Kenneth Griffin, to flatly deny that the firm had any role in Robinhood’s ...
In January 2021, Cohen's hedge fund Point72 joined Ken Griffin's Citadel in putting $2.75 billion into Melvin Capital, the hedge fund of former Cohen protege Gabe Plotkin, as a result of the GameStop short squeeze. [27] [28] Cohen denied that his involvement with the short squeeze would affect his willingness to spend money on the New York Mets ...
GameStop’s unexpected leap from outdated shopping-mall staple to a leading role in one of Wall Street’s biggest sagas in years has created an unexpected — and unwanted — moment in the ...
The public will get the rare opportunity on Thursday to hear from big hedge fund managers who generally operate out of the spotlight, along with other players in the GameStop trading frenzy who ...
Citadel Securities is a separate entity from the hedge fund Citadel LLC, although both were founded and are majority owned by American hedge fund manager Kenneth C. Griffin. [8] Citadel Securities moved its headquarters from Chicago to Miami in 2022 [9] [10] with plans to build a new headquarters on Brickell Bay Drive.
Dumb Money, starring Paul Dano and Seth Rogen, tells the story of the GameStop stock crisis on Wall Street in 2021. Here's what to know about the scandal. ‘Dumb Money’ Is Based on a True Story ...
However, his compensation decreased in 2021, due to the impact of the GameStop short squeeze on the fund. [9] Despite receiving $2 billion from Kenneth C. Griffin and $750 million from Steve Cohen, on May 18, 2021, Bloomberg announced Melvin Capital went defunct shorting GameStop and Gabe Plotkin would be shutting down his firm. [10]