Ken Griffin said he would consider selling a piece of Citadel, the $65 billion multistrategy hedge fund he founded in 1990.

Griffin has been happy with how Sequoia, which is a minority shareholder in Citadel Securities, has helped his market maker.

Tech: Elon Musk's brain-computer startup is hiring for multiple manufacturing roles. Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute's 22nd annual Global Conference in Beverly Hills, California, U.S., April 30, 2019.Mike Blake ...

Billionaire businessman Ken Griffin on Thursday said he would contemplate selling a piece of his $65B hedge fund Citadel. Read more here.

Griffin, at an event hosted by the Economic Club of New York, said it made sense for him to sell a minority stake in his market maker Citadel Securities to Sequoia and Paradigm in 2022, in a deal that valued the firm at $22 billion.

Citadel Securities founder Ken Griffin said the market-making firm won’t go public anytime soon amid the “quilt work” of regulatory burdens put on listed firms. Most Read from BloombergTrump Promises

The era of explosive growth in multistrategy hedge funds is over, according to billionaire Ken Griffin, who runs one of the biggest such firms.

Griffin is also the founder of market maker Citadel Securities. Citadel Securities sold a minority stake to Sequoia Capital in 2022. He said Sequoia brought insights on how to manage a rapidly growing business. “We would look for a partner like Sequoia,” he said about the possibility of ever selling a minority stake on the hedge fund side.