“AI Stock God” Affiliated Fund Once Reached Out to Sequoia and Greenoaks, Seeking to Sell Some Private Assets to Ease Liquidity Pressure

Odaily News: AI hedge fund Situational Awareness, while facing margin pressure from lenders, had sought to sell some of its private company holdings to raise cash and reached out to institutions including Sequoia Capital and Greenoaks. However, after Situational Awareness reached a deal with Citadel to sell most of its public stock portfolio, the fund ultimately decided not to sell its private assets.

Sequoia Capital, Greenoaks, and Situational Awareness all declined to comment. (Bloomberg)