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2025-08-01 06:16:53
[Dalio sells his remaining shares in Bridgewater and quits the board of directors] Ray Dalio, founder of Bridgewater, has sold all remaining shares of his hedge fund and left the board of directors. It is reported that Bridgewater told clients in a letter last week that Bridgewater bought out Dalio's remaining shares. In addition, people familiar with the matter said that the sovereign wealth fund Brunei Investment Agency invested in the company and acquired nearly 20% of the company's shares. Some people familiar with the matter said that the sovereign wealth fund has been a long-term investor in Bridgewater and it transferred the funds invested in a Bridgewater fund to Bridgewater's stock. One of the people familiar with the matter said that the Brunei fund is currently one of Bridgewater's largest shareholders.
