Citadel’s Griffin hints at IPO


Kenneth Griffin, founder of Citadel Investment Group, titillated the crowd at Tuesday’s annual Milken Institute global conference in Los Angeles by seeming to hint that Citadel would consider a stock market listing.

Griffin gave his comments in response to a question from panel moderator Paul Calello, chief executive Credit Suisse’s investment bank. Calello asked whether there was the potential for a revival in initial public offerings.

“[Citadel’s] management businesses really have been the shining stars of the last 12 months," Griffin reportedly said in a response that praised asset managers like Citadel and PIMCO, noting that the outlook for