Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge fund’s board
Ray Dalio, the founder of Bridgewater Associates LP, speaks during Wednesday, September 18 during the Milken Institute in Singapore during the Asian Summit. The size of the Federal Reserve’s interest rate this week will not be a game exchange for global investors, but the risks arising from China’s slowdown continue to focus on their minds, according to the participants in the regional forum. Photographer: Cevher Huling/Bloomberg through Getty Images
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Bridgewater, the founder of one of the biggest risk protection funds, threw the remaining shares to the company and left the board of directors.
Bridgewater, according to a person who knows the issue, Dalio’nun completed the last sale of self -shares and completed the passage of management. Dalio said that Bridgewater will continue to be an important investor for his strategies and a mentor.
The billionaire has been selling Özkaynı for years. In order to facilitate the final passage of property, Bridgewater collected capital from existing investors and employees. The person said Ko-Cios Bob Prince and Greg Jensen have two important equity.
Bridgewater CEO NIR Bar Dea and Co -Chair Mike McGavick, CNBC’a customers in the July 21 letter, “will always be our valuable founder, many people will be the mentor and Bridgewater’s strategies are a long -standing customer with important investments.” He said. “Ray has always described the transition as a ‘dream took place’, and we’re excited to make it a reality together.”
Wall Street Journal first reported Dalio’s share sales. The founding apparently confirmed the transition in a LinkedIn post.
Dalio, who founded Bridgewater in 1975, focused on macro strategies such as trade money and fixed income markets based on economic tendencies. In 2017, Dalio served as the Chairman of the Executive Officer of Bridgewater and as the president at the end of 2021.
“After starting and building in the last 50 years, Dalio was asked a lot about how I transferred Bridgewater,” Dalio was asked in LinkedIn Post. He said. “I am very excited about it because I love to see Bridgewater alive and without me – better than in life and even better than me.”
Bridgewater said that in the first half of 2025, the pure alpha fund 17% and the entire air fund increased by 8%.
