Bridgewater Associates
Bridgewater Associates is a leading investment management firm focused on delivering unparalleled insights and partnership for the most sophisticated global institutional investors. It is a pioneer in risk budgeting and the separation of alpha and beta for a wide range of institutional clients, including pension funds, foreign governments and central banks, university endowments, and charitable foundations.
Associated People
Bob Prince
David McCormick
2009 - present
Greg Jensen
2010 - 2016
Ray Dalio
1975 - present
Eileen Murray
2009 - 2020
Jeff Whitaker
2017 - 2019
Alexander Campbell
2011 - 2015
Daniel Martins
2010 - 2013
Jens Nordvig
- 2009
Indranil Ghosh
2008 - 2009
Dan Rasmussen
2008 - 2008
Business model
Bridgewater’s business model is to bet on a series of probability games utilizing its intellectual capital and win these bets at higher probability than its competitors do. Bridgewater aims to outperform the market by collectively accumulating past investment knowledge and making well-reasoned decisions together with a number of smart employees. By doing so, Bridgewater tries to outperform its competitors, who tend to rely on knowledge and decision-making analyses of only a few analysts.
Operating model
Unlike many other investment funds where each investment manager makes his own decision, Bridgewater makes investment decisions collectively as an entire organization. Moreover, the employee compensations are largely based on the performance of the firm performance and not on individual performance metrics, unlike many other hedge funds that compensate on individual performance basis.Â
Assets under management: $154 billion ( as of December 31, 2020)