Citadel provides investment advisory services to a significant number of financially independent individuals and families. Assets under management currently amount to R15 billion.

Citadel is registered as an investment manager with the Financial Services Board (FSB) and is a wholly owned subsidiary of Peregrine Holdings Limited, a specialised financial services group listed on the Johannesburg Securities Exchange. The Peregrine group is a leading provider of wealth and alternative asset management solutions and has assets under management currently exceeding R85 billion.

In 2006, a Vunani-led consortium comprising selected empowerment groupings acquired a 15% stake in Peregrine Holdings.