My Financial News from Brunei, Investment

from Bing and Google News
Brunei , Thursday 15 October 2026

Bridgewater founder Ray Dalio sells remaining stake in hedge fund, letter says

Published on: Thursday 31 July 2025

Bridgewater founder Ray Dalio sells remaining stake in hedge fund, letter says NEW YORK (Reuters) -Investor Ray Dalio sold his remaining stake in Bridgewater Associates, the hedge fund he founded 50 years ago, according to a letter sent to investors, while Brunei's sovereign fund acquired a minority stake in the firm, a source said. "We wanted to update you that Bridgewater recently repurchased the last remaining ownership shares held by Dalio-related entities," Bridgewater CEO Nir Bar Dea and Co-Chair Mike McGavick said in a July 21 letter to clients seen by Reuters.


News source: https://finance.yahoo.com/news/ray-dalio-sells-remaining-stake-214411051.html

Share this news on:  

RELATED NEWS

» Bridgewater founder Ray Dalio sells remaining stake in hedge fund, letter says
» PIF’s RUA AlHaram AlMakki, Rua Al Madinah sign investment seals with Brunei’s TAIB
» RUA AlHaram AlMakki Expands International Collaboration Through Strategic Agreements in Malaysia and Brunei
» Brunei dollar to yearn.finance (BND to YFI)
» Previous APEC presidencies attracted over US$9.4 billion in investment into Peru

HEADLINE NEWS