Why Connecticut Wanted Bridgewater To Locate In Stamford – ValueWalk Premium

Why Connecticut Wanted Bridgewater To Locate In Stamford

Why would a U.S. State give away almost a $100 million in incentives to Ray Dalio’s Bridgewater Associates, one of the world’s most successful hedge funds that managed 78 billion in assets? Moreover, those ‘incentives’ include a "forgivable" 10-year loan at 1 percent to Bridgewater Associates to help finance its two new buildings.

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