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Bridgewater Associates, LP (informally known as "Bridgewater") [5] is an American investment management firm founded by Ray Dalio in 1975. The firm serves institutional clients including pension funds , endowments , foundations , foreign governments , and central banks .
Dalio was born in New York City and attended C.W. Post College of Long Island University before receiving an MBA from Harvard Business School in 1973. Two years later Dalio launched Bridgewater. In 2013, Bridgewater was listed as the largest hedge fund in the world. [4] [5] In 2020 Bloomberg ranked him the world's 79th-wealthiest person. [6]
Rank Firm Headquarters AUM as of June 2024 (millions of USD) 1 Bridgewater Associates: Westport, CT: $89,600 2 Man Group: London, UK: $77,500 3 Elliott Investment Management
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Bridgewater is well known as being a weekend getaway for wealthy New Yorkers, due to its scenic wooded areas, location on the banks of Lake Lillinonah and proximity to New York City. [2] Bridgewater was one of the last remaining dry towns (Eastford is still a dry town) in Connecticut until voters approved the sale of alcohol in a 2014 ...
Workforce development plans that were knocked off course by COVID-19 are getting a new push in Connecticut with more than $60 million in federal pandemic relief, Gov. Ned Lamont said Tuesday.
As of March 2024, McCormick splits his time between Connecticut and Pennsylvania; his residency was a major issue during his 2024 Senate campaign. [ 74 ] [ 75 ] In 2009, McCormick taught at Carnegie Mellon University 's Heinz College , on its Washington, D.C. campus; he held the title of Distinguished Service Professor of Information Technology ...
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