Billionaire Ken Griffin is moving its major hedge fund firm, Citadel, from Chicago to Miami, third largest employer announces move company headquarters from Illinois in the past two months.
In a letter to employees on Thursday, Mr. Griffin said he had moved to Florida and that his market-making business, Citadel Securities Company, will also transfer. He wrote that he considers Florida a better business environment, and although he did not specifically cite crime as a factor, company officials said it was a consideration.
