The hedge fund Situational Awareness, founded by former OpenAI employee Leopold Aschenbrenner, who had no previous hedge fund experience, “rapidly sold a large portion of its public equity holdings” as losses mounted. The fund employed only eight people, of whom four were investment professionals. Aschenbrenner named the fund after some essays he wrote. [Link: Situational Awareness offloads large portion of public equity holdings | https://www.ft.com/content/5fb44089-ecdf-4b48-bc14-1e8b4682b142?syn-25a6b1a6=1 | The Financial Times]

Leopold Aschenbrenner's hedge fund is unwinding trades and may be forced to liquidate assets, according to people familiar with the matter.

Is Leopold Aschenbrenner the new 'Bill Hwang'?