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Brunei Tweaks Bridgewater Bet to a Lucrative 20% Stake in Firm

Brunei Tweaks Bridgewater Bet to a Lucrative 20% Stake in Firm

Bloomberg01-08-2025
Brunei 's sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20% stake in the hedge fund manager's holding company — a move that has helped spur higher gains for other institutional investors.
The Brunei Investment Agency is the latest longstanding client to buy a piece of the firm founded by Ray Dalio, which managed $92 billion as of Dec. 31.
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