https:// en.wikipedia.org/wiki/Bridgewater_Associates
Bridgewater Associates 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.
Employees
Bridgewater Associates grew from 100 employees in 2003 to 1,200 employees in 2011. The company is reported to be one of the few hedge fund managers that hires its analysts and employees right out of college and from the annual pool of graduates from Ivy League schools. Employees are transported daily in a "fancy" bus that ferries them from Manhattan to the company's Westport offices. According to an article in Bloomberg, "about a quarter of all new hires" leave within the first two years. Those that remain are reported to receive "generous" compensation and form bonds with fellow employees that are "like family" and the company's founder helps to pay for any employees that wish to learn the Transcendental Meditation technique.
Dalio, the founder, relinquished his chief executive officer (CEO) title in July 2011 to take on the role of "mentor." The company's administration consists of three co-CEO's; Greg Jensen, Eileen Murray and David McCormick; the former undersecretary of the Treasury Department. The company also has three co-CIO's (chief investment officers); Dalio, Bob Prince and Jensen (who is also co-CEO). Jensen, the 37-year-old co-CEO, oversees the research programs at the firm and came to the company as a Dartmouth College intern about 15 years earlier. Britt Harris, formerly of Verizon Investment Management, joined Bridgewater as co-CEO in November 2004 but left six months later. According to Dalio, the cultural fit was a problem, but Harris "is a superstar, with an absolutely fabulous character". From 2010 until early 2013, Bridgewater's general counsel was James Comey, former United States Deputy Attorney General and former Director of the Federal Bureau of Investigation.
Was Bridgewater CEO but steped down March 2017 -
Raymond Dalio (born August 1, 1949) is an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder of investment firm Bridgewater Associates, one of the world's largest hedge funds. As of January 2018, he is one of the world's 100 wealthiest people, according to Bloomberg