The hedge fund Situational Awareness became Goldman Sachs's largest prime brokerage client this year. The agency's previous name was unknown, but after suffering huge losses of tens of billions of dollars, it still has such an amazing business volume. This matter is very noteworthy. People familiar with the matter revealed that Goldman Sachs earned more than $200 million in processing fees from providing loan services to Situational Awareness this year, which is also the highest revenue Goldman Sachs's main brokerage business segment for hedge funds has obtained from a single client. The source added that the fund, managed by Leopold Aschenbrenner, relied on multiple high-yield AI bets to become famous in World War I, and was also one of Goldman Sachs' trading department's most important customers this year. In less than two years since the establishment of Situational Awareness, it can be tied with established top hedge funds such as Castle Investment and Millennium Management to become the core major customer of leading investment banks like Goldman Sachs. This is almost unheard of on Wall Street.

Zhitongcaijing · 22h ago
The hedge fund Situational Awareness became Goldman Sachs's largest prime brokerage client this year. The agency's previous name was unknown, but after suffering huge losses of tens of billions of dollars, it still has such an amazing business volume. This matter is very noteworthy. People familiar with the matter revealed that Goldman Sachs earned more than $200 million in processing fees from providing loan services to Situational Awareness this year, which is also the highest revenue Goldman Sachs's main brokerage business segment for hedge funds has obtained from a single client. The source added that the fund, managed by Leopold Aschenbrenner, relied on multiple high-yield AI bets to become famous in World War I, and was also one of Goldman Sachs' trading department's most important customers this year. In less than two years since the establishment of Situational Awareness, it can be tied with established top hedge funds such as Castle Investment and Millennium Management to become the core major customer of leading investment banks like Goldman Sachs. This is almost unheard of on Wall Street.