Kenneth C. Griffin

American billionaire hedge fund manager (born 1968)

Kenneth Cordele "Ken" Griffin (born October 15, 1968) is an American hedge fund manager and businessman. He is the founder, chief executive officer and Co-chief investment officer of Citadel LLC and Citadel Securities. The two businesses provide trading services to asset managers, banks, broker-dealers and hedge fund.[2]

Ken Griffin
Kenneth C. Griffin Headshot
Born
Kenneth Cordele Griffin

(1968-10-15) October 15, 1968 (age 56)
EducationHarvard University (B.A.)
OccupationHedge fund manager
Years active1990–present
Known forFounder of Citadel LLC
TitleCEO and Co-CIO, Citadel LLC
Spouse(s)
Katherine Weingartt
(m. 1996, divorced)

Anne Dias
(m. 2003; div. 2015)
Children3

Early life and education

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Mr. Griffin was born in 1968 in Daytona Beach, Florida. Griffin attended Harvard University, where he launched his first fund from his dormitory room at the age of 19. Griffin graduated in 1989 with a degree in Economics. After graduating, he moved to Chicago.

Career

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Griffin founded Citadel, in 1990. Citadel LLC is an American multinational Hedge fund and financial services company. The company manages the capital of retirement programs, endowment programs and foundations and sovereign wealth funds. Citadel categorizes its areas of operations into distinct segments and groups their subsidiaries into three companies: Citadel the asset manager, Citadel Securities the market maker, and Citadel Technology.

Honors and awards

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  • In 2008, he was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of fame along with Jim Simons, Alfred Winslow Jones, Bruce Kovner, David Swensen, George Soros, Jack Nash, Julian Roberston, Leon Levy, Louis Bacon, Michael Steinhardt, Paul Tudor Jones, Seth Klarman and Steven A. Cohen.
  • 2008, Golden Plate Award of the Academy of Achievement presented by Awards Council member Richard M. Daley, the Mayor of Chicago
  • 2017, Institutional Investor's Lifetime Achievement Award
  • 2017, Navy SEAL Patriot Award

Patents

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In 2002, he was issued his first American patent (USP 20020138387) for Method and system for measuring exposure of an investment fund to an issuer of financial assets.

  • U.S. Patent 10,748,214  and system for measuring exposure of an investment fund to an issuer of financial assets. Applicant: Citadel Investment Group, L.L.C. Inventor: Kenneth C. Griffin.[3]

Griffin is also listed as co-inventor on other U.S. patents issued to his corporation and its affiliates. He has filed for patents to protect the following inventions:

  • U.S. Patent 10,748,214  Method and system for measuring exposure of an investment fund to an issuer of financial assets. Assignee: CE TM HOLDINGS LLC. Inventors: Kenneth C. Griffin, Tom Miglis. [4]
  • U.S. Patent 9,704,198  Method and system for facilitating a context-based electronic communication regarding a financial transaction. Assignee: KCG IP HOLDINGS LLC. Inventors: Kenneth C. Griffin, Tom Miglis.[5]
  • U.S. Patent 20,130,275,339  Method and system for facilitating a context-based electronic communication regarding a financial transaction. Inventors: Kenneth C. Griffin, Tom Miglis.[6]
  • U.S. Patent 8,458,077  Method and system for facilitating a context-based electronic communication regarding a financial transaction. Assignee: KCG IP Holdings LLC. Inventors: Kenneth C. Griffin, Tom Miglis.[7]
  • U.S. Patent 8,214,283  Computer implemented and/or assisted methods and systems for providing rapid execution of, for example, listed options contracts using toxicity and/or profit analyzers. Assignee: Citadel Investment Group, L.L.C. Inventors: Kenneth C. Griffin, Matthew Andresen.[8]
  • U.S. Patent 20,110,238,594  Computer implemented and/or assisted methods and systems for providing rapid execution of, for example, listed options contracts using toxicity and/or profit analyzers. Applicant: Citadel Investment Group, L.L.C. Inventors: Kenneth C. Griffin, Matthew Andresen. [9]
  • U.S. Patent 7,987,128  Computer implemented and/or assisted methods and systems for detecting, tracking and responding to toxic, or likely toxic, orders in an equities order flow using toxicity and/or profit analyzers. Assignee: Citadel Investment Group, L.L.C. Inventors: Kenneth C. Griffin, Matthew Andresen.[10]
  • U.S. Patent 7,958,039  Computer implemented and/or assisted methods and systems for providing rapid execution of, for example, listed options contracts using toxicity and/or profit analyzers. Assignee: Citadel Investment Group, L.L.C. Inventors: Kenneth C. Griffin, Matthew Andresen.[11]
  • U.S. Patent 7,899,729  Computer implemented and/or assisted methods and systems for providing guaranteed, specified and/or predetermined execution prices in a guaranteed, specified and/or predetermined time frame on the purchase or sale of, for example, listed options. Assignee: Citadel Investment Group LLC. Inventors: Kenneth C. Griffin, Matthew Andresen.[12]
  • U.S. Patent 20,110,040,661  Method and system for facilitating a context-based electronic communication regarding a financial transaction. Applicant: KCG IP HOLDINGS LLC. Inventors: Kenneth C. Griffin, Tom Miglis.[13]
  • U.S. Patent 20,110,040,700  Method and system for aggregating context associated with a financial transaction. Applicant: KCG IP HOLDINGS LLC. Inventors: Kenneth C. Griffin, Tom Miglis.[14]
  • U.S. Patent 20,110,040,699  Method and system for measuring exposure of an investment fund to an issuer of financial assets. Applicant: KCG IP HOLDINGS LLC. Inventors: Kenneth C. Griffin, Tom Miglis.[15]
  • U.S. Patent 20,100,030,704  Computer implemented and/or assisted methods and systems for providing guaranteed, specified and/or predetermined execution prices in a guaranteed, specified and/or predetermined time frame on the purchase or sale or, for example, listed options. Inventors: Kenneth C. Griffin, Matthew Andresen.[16]
  • U.S. Patent 20,090,313,179  Computer implemented and/or assisted methods and systems for detecting, tracking and responding to toxic, or likely toxic, orders in an equities order flow using toxicity and/or profit analyzers. Applicant: Citadel Investment Group, L.L.C. Inventors: Kenneth C. Griffin, Matthew Andresen.[17]
  • U.S. Patent 7,603,309  Computer implemented and/or assisted methods and systems for providing guaranteed, specified and/or predetermined execution prices in a guaranteed, specified and/or predetermined time frame on the purchase or sale of, for example, listed options. Assignee: Citadel Investment Group, L.L.C. Inventors: Kenneth C. Griffin, Matthew Andresen.[18]
  • U.S. Patent 7,587,347  Computer implemented and/or assisted methods and systems for detecting, tracking and responding to toxic, or likely toxic, orders in an equities order flow using toxicity and/or profit analyzers. Assignee: Citadel Investment Group, L.L.C. Inventors: Kenneth C. Griffin, Matthew Andresen.[19]


References

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  1. "Bloomberg Billionaires Index". Bloomberg.
  2. Copeland, Rob (August 3, 2015). "Citadel's Ken Griffin Leaves 2008 Tumble Far Behind". The Wall Street Journal. Dow Jones & Company. ISSN 0099-9660. Archived from the original on December 13, 2019.
  3. https://patents.justia.com/patent/20020138387
  4. https://patents.justia.com/patent/10748214
  5. https://patents.justia.com/patent/9704198
  6. https://patents.justia.com/patent/20130275339
  7. https://patents.justia.com/patent/8458077
  8. https://patents.justia.com/patent/8214283
  9. https://patents.justia.com/patent/20110238594
  10. https://patents.justia.com/patent/7987128
  11. https://patents.justia.com/patent/7958039
  12. https://patents.justia.com/patent/7899729
  13. https://patents.justia.com/patent/20110040661
  14. https://patents.justia.com/patent/20110040700
  15. https://patents.justia.com/patent/20110040699
  16. https://patents.justia.com/patent/20100030704
  17. https://patents.justia.com/patent/20090313179
  18. https://patents.justia.com/patent/7603309
  19. https://patents.justia.com/patent/7587347