Citadel’s crisis investing playbook back in focus after AI hedge fund rescue
Citadel's acquisition of a discounted equity portfolio from embattled AI-focused hedge fund Situational Awareness is the latest example of founder Ken Griffin capitalising on periods of market stress, reinforcing a strategy that has repeatedly generated returns during hedge fund dislocations, according to a report by Reuters.
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- With Situational Awareness AI deal, Citadel's Griffin rides to the rescue again economictimes.indiatimes.com
- Situational Awareness losses driven by crowded AI trades, not short-seller attack, says S3 hedgeweek.com
