UVA’s Situational Awareness Bet Fueled Record Year Before Tumult

When AI-focused hedge fund Situational Awareness lost more than two-thirds of its $45 billion in assets under management in July 2025, the fund's investors included wealthy individuals and technology founders. The losses occurred ahead of subsequent difficulties at the fund. The University of Virginia had invested in the fund, though specific details about the size and timing of that investment were not provided in available reporting.

Next story