Bridgewater Associates was founded in 1975 and has over $223 billion in assets under management, making it one of the world’s largest hedge funds. Ray Dalio is the founder of Bridgewater Associates and recently stepped down from his role as one of three co-chief investment officers at Bridgewater.
During the first half of 2022, Bridgewater saw market gains of 32%, benefiting from increased volatility. Bloomberg notes that the hedge fund generated an 8% return in 2021, after losing 12.6% in 2020.
