From Quiver Quantitative:

Bridgewater Associates, the world’s largest hedge fund, is undergoing significant transformation under CEO Nir Bar Dea following billionaire founder Ray Dalio’s departure. The firm plans to cap the size of its flagship funds, focus on AI and machine learning, and cut 100 jobs to enhance returns and profitability. This shift aligns with broader industry trends, including the rise of multi-strategy hedge funds and sustainable finance, as well as the increasing importance of advanced technologies. Challenges include cultural shifts and managing large-scale funds, while leveraging technology presents an opportunity for success. New leadership, including co-CIO Karen Karniol-Tambour, supports Bridgewater’s strategic pivot.



Read more: Embracing AI and Strategic Overhaul Post-Dalio