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Aschenbrenner's leveraged fund liquidated after lenders demanded repayment

1 article1 sourcesince Nov 4Last article 1h ago · Nov 4, 9:06 AM ET

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NYU professor Aswath Damodaran says Leopold Aschenbrenner's fund was forced into liquidation after lenders demanded repayment of its leveraged positions.

Damodaran states the fund's value fell from $40 billion to $26 billion after heavy leverage amplified the losses. He says Citadel bought the remaining pieces of the portfolio. The account comes from a post by Rohan Paul on X that quotes Damodaran, and no other source is cited for these figures.

Written by AI from the articles below · updated Nov 4, 9:08 AM ET

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Latest developmentNov 4, 9:06 AM ET

Damodaran says Aschenbrenner's leveraged fund collapse ended in liquidation

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Nov 4

9:06 AM
Rohan Paul@rohanpaul_aiX
Damodaran says Aschenbrenner's leveraged fund collapse ended in liquidation
AINYU professor Aswath Damodaran describes how Leopold Aschenbrenner's fund, marked down from $40 billion to $26 billion after heavy leverage, was forced into liquidation when lenders demanded repayment. Citadel bought the remaining pieces of the portfolio, according to the quoted account.

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