Bridgewater Associates was founded in 1975 in New York City by Ray Dalio. Dalio, who had previously worked as a trader at the New York Stock Exchange, founded the company with $12,000 in capital. Bridgewater Associates is now one of the world's largest hedge funds, with over $160 billion in assets under management.
A Deeper Dive into the World of Ray Dalio: How Well Do You Know the Billionaire Hedge Fund Manager?