Ken Griffin's Citadel Securities will get its first private investment round ($1.15B) with backing from Sequoia and Paradigm

Citadel Securities is poised to receive its first round of outside investment, with a capital infusion of $1.15 billion from Sequoia Capital and Paradigm, The Wall Street Journal reported on Tuesday. The investment values Citadel Securities at about $22 billion. Citadel Securities, founded by Ken Griffin in 2002, is separate from hedge fund Citadel, the $43 billion enterprise that has boosted Griffin's net worth to $21.3 billion. CEO Peng Zhao has led Citadel Securities since 2017.

https://www.marketwatch.com/story/citadel-securities-draws-first-private-investment-round-with-backing-from-sequoia-and-paradigm-2022-01-11

Submitted January 11, 2022 at 08:32AM by RagionamentiFinanza https://ift.tt/3te76WP