Castle Securities: More than 80% of the overall risk in the Situation-Aware Fund portfolio has been divested through large transactions

Comparing news, Castle Securities founder Ken Griffin responded to the company's acquisition of Situational Awarenes (Situational Awarenes) assets under Leopold (Leopold) in a letter to clients on Friday. According to a letter obtained by CNBC, Griffin told clients that Castle Securities had divested more than 80% of the overall risk in the original purchased portfolio by conducting more than 100 major transactions (with a market value of more than $4 billion).

In his letter, Griffin wrote, “A transaction of this scale would not have been possible without the full cooperation of the transaction teams and lead brokerage teams of the banks serving the two companies. I am very grateful for their dedicated efforts to complete the portfolio transfer quickly.” Griffin also confirmed that the company's flagship multi-strategy fund, the Wellington Fund, had a July return of 5.94%, which CNBC previously reported was the fund's best monthly performance since 2022.