Boston.com – Citadel Asset Management, the Chicago hedge fund giant, has opened a Boston office, where it’s hoping to seed a new generation of hedge fund managers.
Citadel, with $11 billion under management, was founded by famous trader Kenneth Griffin, who, the story goes, started investing from his Harvard University dorm room in the late 1980s. The part of the firm that’s expanding to Boston is hiring investment professionals who want to move to a hedge fund model, with a big name behind them.