Ray Dalio’s Foundation Isn’t Transparent About Which Funds It Invests In

Ray Dalio joins the list of hundreds of hedge fund managers who give back by donating money to their own foundations. We can learn which funds these managers trust their foundations’ money to by looking at their annual filings. Q3 2021 hedge fund letters, conferences and more Unknown hedge funds or PE funds? According to the 990 for the fiscal year that ended in December 2019, Dalio’s foundation invested in five funds, which we believe would be hedge funds or private equity funds. However, the organization was not transparent about which funds it invested in, simply listing them as Fund…