---
schema: 1
type: term
title: AUM
description: >-
  **AUM** (_assets under management_) is the total market value of the
  investments a fund manages on behalf of its clients — used here as shorthand
  for a firm's size, e.g. Walleye Capital as a **~$10B AUM hedge fund**.
canonical: 'https://liquidgold.cc/channel/everyinc/explore/term/aum-8495ec344a66'
markdown: 'https://liquidgold.cc/channel/everyinc/explore/term/aum-8495ec344a66.md'
llms: null
parent: 'https://liquidgold.cc/channel/everyinc/llms.txt'
channel: everyinc
updated: '2026-10-23T22:12:35.346Z'
language: null
children: []
---


# AUM

Canonical: https://liquidgold.cc/channel/everyinc/explore/term/aum-8495ec344a66

Parent: [Channel index](https://liquidgold.cc/channel/everyinc/llms.txt)

## Definition

**AUM** (_assets under management_) is the total market value of the investments a fund manages on behalf of its clients — used here as shorthand for a firm's size, e.g. Walleye Capital as a **~$10B AUM hedge fund**.

**AUM** — *assets under management* — is the standard shorthand for the total market value of the investments a fund manages on behalf of its clients. In this channel's material, it appears as a quick way to size a firm: Walleye Capital is described as a **~$10B AUM hedge fund** [^ce54c6b1-f86c-585c-9ea5-c9c003bd9d2d@10].The figure isn't trivia — it anchors the stakes of the story. A fund managing roughly **$10 billion** choosing to bet its workflow on **AI**, with its CEO declaring *“Using ChatGPT is not cheating”* [^ce54c6b1-f86c-585c-9ea5-c9c003bd9d2d@10] and arguing that ignoring such tools means *leaving money on the table* [^ce54c6b1-f86c-585c-9ea5-c9c003bd9d2d@23], makes the adoption decision far more consequential than at a small shop. When you explore fund-scale conversations in this material, the AUM figure is the yardstick for how much capital sits behind the strategy being described.- **AUM** means *assets under management*: the total value of investments a fund manages. - In this material it sizes firms — Walleye Capital is a **~$10B AUM hedge fund**. - The figure sets the stakes: at $10B scale, an AI-first mandate is a high-consequence decision.