09/23/07 - Most Greenwich And New York Hedge fund Guys Believe That Anything West Of The Hudson River Is The Wildernes

HEADLINE:

Citadel sees Chicago as staff's kind of town

STORY:

When Citadel Investment Group expanded into the energy business in 2002, Chief Executive Kenneth Griffin was part of a team that interviewed hundreds of potential employees and hired only a dozen.

Was there anything they did or say to win him over?

'You want individuals who have demonstrated they're disciplined, passionate, committed and ambitious, whether they start a business in their college dorm room or they organized something in the community,' Griffin said in a March 2006 interview.

But certain Citadel job candidates these days might need something else on their resume: experience helping to run a publicly traded company.

Last week, the privately held Chicago-based hedge fund hired John Andrews, the head of investor relations for publicly traded Goldman Sachs, signaling that it might join the small but growing ranks of hedge funds and private-equity firms doing initial public offerings.....

......ESL Investments, Edward Lampert's hedge fund, for example, is headquartered in a low-rise building in Greenwich, Conn., and operates with a bare-bones staff of a few dozen..... offer new hires, ...

In compliance with copyright and fair use standards, this story has been truncated. Please click on the Source URL link below to read the entire story.

Source: Chicago Tribune

Publication Date: September 23, 2007

Reporter: Becky Yerak byerak@tribune.com and Susan Chandler schandler@tribune.com

Source URL: http://www.chicagotribune.com/business/chi-sun_citadel0923sep23,0,6930827.story?page=1&track=rss