The once-high-flying firm Situational Awareness, whose founder is 24, has been bailed out by Kenneth Griffin’s Citadel, according to three people briefed on the transaction.
On Thursday, Blue Owl reported another quarter of double-digit investor withdrawal requests from some of its private credit funds.
Justin Fishner-Wolfson, long a minor figure in Elon Musk’s orbit, is at the helm of a multibillion-dollar payout
They played second fiddle to private equity and hedge funds for years, but 2026 is shaping up to be “the year of the bank,” one consultant said.