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> By July this year he was said to be overseeing as much as $45bn Does anyone know if this refers to AUM or the gross size of his positions after leverage?
by JumpCrisscross 3mo ago
> By July this year he was said to be overseeing as much as $45bn
Does anyone know if this refers to AUM or the gross size of his positions after leverage?
- kgwgk 3mo agoAUM. Oversee: to be in charge of how an amount of money is invested or spent.
- JumpCrisscross 3mo ago> Oversee: to be in charge of how an amount of money is invested or spent No. "Oversee" can refer to the gross or net position. If I raise $10bn and use that to buy $100bn in assets, I absolutely control and thus oversee the latter.
- kgwgk 3mo agoWhatever. (It’s still AUM.)
- u1hcw9nx 3mo ago$45 billion was AUM. The leverage was 4x or 5x of that and highly concentrated. Citadel bought $16 billion public portfolio with 10% discount.
- JumpCrisscross 3mo ago> $45 billion was AUM Do you have a credible source specifically claiming this? I want to know whose data they're looking at. (Specifically, I want to unpack how they're marking their private positions.)
- u1hcw9nx 3mo agohttps://www.cnbc.com/2026/07/31/leopold-aschenbrenner-situational-awareness-fund-fire-sale.html https://www.cnbc.com/2026/07/31/leopold-aschenbrenner-situat...