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The story of Melvin Capital

Hedge fund founded by Gabe Plotkin in December 2014.

Melvin Capital. Hedge fund founded by Gabe Plotkin in December 2014.

Dec 2014

Gabe Plotkin founded Melvin Capital.

25 Jan 2021

Citadel invested in Melvin Capital. $2B.

With Point72’s $750 million, the total was $2.75 billion, for a non-controlling revenue share in Melvin. Citadel, the investment manager, is a separate firm from Citadel Securities, the market maker.

Point72 invested in Melvin Capital. $750M.

Part of a $2.75 billion investment with Citadel, for a non-controlling revenue share in Melvin.

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