Bridgewater Associates
Also known as Bridgewater, Bridgewater Associates, LP
American investment management firm founded by Ray Dalio in 1975.
At a glance
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- Bridgewater Associates is an American investment management firm founded by Ray Dalio in 1975.
- It serves institutional clients such as pension funds, endowments, foreign governments and central banks.
- It pioneered the risk parity approach in 1996.
- Its flagship fund is Pure Alpha.
Why it matters
- One of the world's largest hedge funds, and the firm behind risk parity.
Key facts
- Founded
- 1975, in Ray Dalio's Manhattan apartment1
- Headquarters
- Westport, Connecticut (since 1981)1
- Employees
- About 1,3001
- Risk parity
- Pioneered the approach in 19961
- Pure Alpha in 2025
- Up 33%, its best full year1
People
Led by
- Nir Bar Dea
CEO (sole CEO since March 2023) · since Mar 2023 1
Founded by
Links
Sources
Last checked against its sources today
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