Citadel is a leading global alternative investment manager (hedge fund) founded by Kenneth C. Griffin. The firm is one of the world's largest and most successful multi-strategy hedge funds, known for its data-driven and quantitative approach to the financial markets. It operates across multiple asset classes, including equities, fixed income and macro, commodities, and credit. While not a pharmaceutical manufacturer, Citadel is a critical player in the life sciences industry through its healthcare-focused investment units, Surveyor Capital and Ashler Capital. These divisions specialize in fundamental research-driven investments in biopharmaceutical, medical device, and healthcare services companies, frequently leading or participating in major Series financing rounds and Initial Public Offerings (IPOs) for emerging biotech firms.
CLASSIFICATION
Company Type:Pharma
Therapeutic Areas:-
Industry:Financial Services
Sub-Industry:Biotechnology Investment
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$28B
Founded:1990
Ownership:private
Status:operating
FUNDING
Stage:Late Stage
Investors:Sequoia Capital, Paradigm
PIPELINE
Stage:Commercial
Lead Drug Stage:Not Applicable
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:Surveyor Capital, Ashler Capital, Citadel Securities (Affiliate)
Key Partnerships:TRIANA Biomedicines (Investor), BridgeBio Pharma (Investor), Acrivon Therapeutics (Investor), Solve Therapeutics (Investor), Adcytherix (Investor)
COMPETITION
Position:Leader
Competitors:Millennium Management, Point72 Asset Management, Balyasny Asset Management, RA Capital Management (Biotech-specific competitor), Perceptive Advisors (Biotech-specific competitor)
LEADERSHIP
Key Executives:
Kenneth C. Griffin - Founder, CEO and Co-CIO
Pablo Salame - Co-CIO
Gerald A. Beeson - COO
LINKS
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