GS · News · 20260911N

Situational Awareness Brokerage Relationship

GOLDMAN SACHS GROUP INC · 2026-09-11 · Importance 17 · Surprise 24

Goldman Sachs continues its brokerage relationship with Situational Awareness, a hedge fund led by Leopold Aschenbrenner, after the fund suffered losses on AI-related investments. JPMorgan reportedly stopped lending to the fund after it liquidated most of its public-equity portfolio to Citadel amid a selloff in global chip stocks and leveraged-position losses. The report identifies Goldman, Citigroup, and Bank of America as banks still maintaining brokerage relationships with the hedge fund, highlighting ongoing client exposure to concentrated AI and semiconductor trading activity.

Key facts