Griffin's Citadel Boosts Stake in Chordiant Software (CHRD) to 6.9%
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In a 13G filing on Chordiant Software, Inc. (Nasdaq: CHRD), Ken Griffin's Citadel Investment Group disclosed a 6.9% stake (2,076,401 shares) in the company. The firm held 1,250,591 shares at the quarter ended 12/31/07.
Chordiant Software, Inc. provides solutions and services that help enterprises to deliver effective customer experience.
Citadel Investment Group LLC is a $15 billion hedge fund, founded by Kenneth Griffin in 1990. The company deploys its capital across a highly diversified set of proprietary investment strategies in nearly all major asset classes. Since its founding, Citadel has grown into one of the world's largest and most sophisticated alternative investment firms.
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