Manufacturing Bridgewater

After Taking $1.4 Billion Compensation In Down Year, Dalio's Bridgewater Receives Government Assistance

Bridgewater Associates, the world’s largest and arguably most financially successful hedge fund in history, is currently in negotiation with one of the most indebted states in the nation, Connecticut, to receive a $22 million assistance package. Bridgewater using leverage to obtain public assistance comes as fund founder Ray Dalio was reported to have raked in $1.4 billion in 2015, a year in which the reputed "noncorrelated" hedge fund correlated to the downside relative to the stock market.

Connecticut Bond Commission floats assistance towards . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers


Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 now just 7 subscribers whichever comes first – please do not share this discount with others

 

0