Hedge fund Bridgewater shakes up leadership after a losing year
Bridgewater Associates is shuffling its management ranks after one of the most challenging years in the hedge-fund giant’s history.
Source: foxbusiness.com
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Bridgewater promotes from within to fill new deputy CEO position
Bridgewater promotes from within to fill new deputy CEO position Nir Bar Dea Nir Bar Dea was appointed to the new position of deputy CEO by Bridgewater Associates earlier this month, said David H. McCormick, the firm's CEO, in a statement on LinkedIn. The creation of the deputy CEO role is part of a reorganization Mr. McCormick is undertaking for the hedge fund manager, he said in the Feb. 11 memo. He noted that Mr. Dea "will partner with me across all aspects of managing Bridgewater" with an initial priority of implementing and running a new operating system. Mr. Dea was co-head of Bridgewat...
Source: pionline.com
Bridgewater CEO outlines leadership changes at hedge fund
The changes could lay the groundwork for the departure of Ray Dalio, who founded the hedge fund in 1975.
Source: businessinsider.com