Breaking: Leopold Aschenbrenner just became Goldman's biggest hedge fund client
• $200M+ paid to Goldman in fees this year, more than any other hedge fund client
• Situational Awareness is barely 2 years old, already sitting alongside Citadel and Millennium as a top Goldman client
• Fund grew from a few hundred million to $20B+ on 400% returns, before a forced $16B sale to Citadel this summer
• Aschenbrenner told investors in July he'd stop borrowing to leverage trades, meaning future Goldman fees won't be on the same scale, per FT
Leopold's next 13F filing comes out November 16th and it'll be public how much his remaining in Situational Awareness LP