Business
Citadel, led by Ken Griffin, has shed more than 80% (about $4 billion) of the risk from the portfolio it recently purchased from Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness Partners. The portfolio was acquired…
Impact: Situational Awareness Partners suffered severe losses and was forced to sell its portfolio to Citadel, significantly reducing its assets under management. This event highlights the fund's struggles and may impact its future viability.
Aug 21, 2026 · 6 articles