FUNDING
Coverage Timeline
newest firstAll Coverage
FUNDING
SEC Probes Situational Awareness Fund's Fire Sale
The SEC is investigating the near-collapse of Leopold Aschenbrenner's Situational Awareness hedge fund, subpoenaing Wall Street banks over a forced discount sale of its stock portfolio to Citadel after leverage of up to 400% unwound.
FOLLOW-UP
BIG TECH
Aschenbrenner's $45B AI Hedge Fund Forced Into Fire Sale
BIG TECH$45B to ~$10B
Aschenbrenner's $45B AI Hedge Fund Forced Into Fire Sale
Leopold Aschenbrenner's hedge fund was forced to unwind nearly all its public stock positions after leveraged AI-infrastructure bets moved sharply against it, shrinking from roughly $45 billion to about $10 billion in weeks.