Unnamed sources familiar with the situation said both Goldman Sachs and JPMorgan Chase have issued additional collateral requests to certain hedge fund clients, although the banks have not publicly commented. The developments underscore the growing focus on leverage within the hedge fund sector. The AI-driven sell-off has already weighed on hedge fund performance. According to Goldman Sachs, long-short equity hedge funds were down approximately 1.3% during Tuesday’s trading session, while multi-strategy funds declined around 1.7%. Despite the recent losses, hedge funds remain comfortably positive for the year overall, with average returns still exceeding 10%.