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Situational Awareness reviewed private stake sales before Citadel deal

The hedge fund ultimately agreed to transfer most of its public equity portfolio to Citadel, after exploring options including selling stakes in privately held technology companies.

Reported · Written up by our desk · Hedge Funds

AI-focused hedge fund Situational Awareness explored selling stakes in privately held technology companies before it agreed to transfer most of its public equity portfolio to Citadel, according to a report by Bloomberg cited by Hedgeweek.

Hedgeweek said the review focused on potential private asset sales as the firm weighed how to execute the broader portfolio transfer that was later reached with Citadel.

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