Asset Managers, Financial, Fund Managers, Global, Global Investment, News, Private Equity

Bridgewater Associates Got $22.5 Billion in New Money Since 2015.

Bridgewater Associates Got $22.5 Billion in New Money Since 2015.

Bridgewater Associates LP, the world’s largest hedge fund manager, has attracted $22.5 billion in client money since its new strategy started early last year. About three-quarters of the money went to the new fund, also known as Optimal Portfolio. The remainder went into the firm’s main macro hedge fund, Pure Alpha, after Bridgewater opened that fund to select investors this year.

“Bridgewater Associates LP, the world’s largest hedge fund manager, has attracted $22.5 billion in client money.”

~ Bloomberg

The inflows are an exception in an industry that’s suffered from poor performance and client redemptions. Perry Capital, the 28-year-old hedge fund run by Goldman Sachs Group Inc. alumnus Richard Perry, has lost about 60 percent of its assets in less than a year after posting declines since 2014.

Related Reports: Bloomberg

 

About Bridgewater Associates

Bridgewater Associates is focused on understanding how the world works. By having the deepest possible understanding of the global economy and financial markets and translating that understanding into great portfolios and meaningful relationships with institutional clients, we’ve built a distinct track record of success. We’ve done this for over 40 years, by having great people operating in a culture of radical truth and radical transparency.

Today, we manage about $150 billion for approximately 350 of the largest and most sophisticated institutional clients globally, including public and corporate pension funds, university endowments, charitable foundations, supranational agencies, foreign governments, and central banks.

Visit: Bridgewater Associates


The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals.  Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.

Get The Wealth Insider Daily

  • For Press Release,  please contact press@thewealthinsider.com
  • For Media-related enquiries, please contact media@thewealthinsider.com
  • For Advertisement, please contact our official ad agency
Previous ArticleNext Article