"67% loss in July, lost $30 billion, forced to sell its positions in a firesale, still up 80% YTD" is the *perfect* AI-investing story
QuantianUpdate from the WSJ this AM: official number per SALP is -67%, meaning a $30bn loss. $10bn of privates plus $5bn of remaining unlevered equity positions remain, and they plan on continuing to run an unlevered equity LO sleeve going forward. Still up 80% YTD!