Bridgewater Hires New Co-CEO With Tech BackgroundMark Melin
Bridgewater Associates founder Ray Dalio is in the process of a “gradual” management transition that has yielded results, with the firm announcing today that Jon Rubinstein was joining as co-CEO of the world’s largest hedge fund. The announcement is significant not only for the recent dust-up involving Bridgewater co-CEO Greg Jensen, 42, who Rubinstein replaces, but also due to Rubinstein’s technology, not finance, background.
Jensen to focus on role as Bridgewater chief . . .
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