The mentor: Dalio handed off control five months ago to a new management team that is adopting an ambitious strategy to boost returns. — Bloomberg
NEW YORK: Bridgewater Associates was bound to be different once billionaire founder Ray Dalio no longer commanded the world’s largest hedge fund. Very different, it turns out.
The overhaul began even before Dalio handed off control five months ago, with not-so-subtle tweaks to the infamously odd culture he nurtured.
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