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Ken Griffin's Citadel Relocates Headquarters, Striking Chicago

Ken Griffin
Ken Griffin will relocate Citadel's global headquarters from Chicago to Miami. Reuters

Citadel, a $ 51 billion hedge fund founded by Kengrifin, has its global headquarters from Chicago. Move to Miami. It has become the latest company to leave Windy City in the wake of a pandemic.

Hedge fund Citadel and electronic trading company Citadel The decision to relocate the securities headquarters means that many employees will leave Chicago and move to Miami. Because I asked for. New York and other offices around the world.

"I'm excited to move to Miami with my family lately. I hope the Citadel will grow rapidly in a diverse and energetic city. I'm looking forward to it, "Griffin told employees: The planned movement of the memo that Reuters saw . "Miami is a vibrant and growing metropolis that embodies the American dream."

Caterpillar announced earlier this month that it would move from its long-standing Illinois base to Texas. did.

In May, Boeing said it would move its headquarters to Arlington, Virginia, in order to get closer to high-ranking federal officials.

Large technology-focused venture capital firms and private equity firms such as Softbank and Tohma Bravo have also moved to Miami.