## Ray Dalio Fully Exits Bridgewater: A New Chapter Begins
Ray Dalio, the founder of the giant hedge fund Bridgewater, has completely divested himself of his remaining equity in the firm and stepped down from its board. This marks the final stage of a transition that began in 2022. Here’s a quick rundown:
- Complete Exit: Dalio has sold all of his remaining shares in Bridgewater.
- Transition Timeline: The sale concludes a management transition that started in 2022.
- Ongoing Involvement: Dalio will remain a significant investor in Bridgewater’s strategies and continue mentoring.
- Equity Holders: The transition was facilitated by raising capital from existing investors and employees, including Co-CIOs Bob Prince and Greg Jensen.
- Bridgewater’s Perspective: Bridgewater’s CEO and Co-Chair expressed congratulations and excitement for Dalio’s “dream come true” transition.
- Dalio’s History: Dalio founded Bridgewater in 1975 and stepped down as CEO in 2017 and Chairman at the end of 2021.
- Performance: Bridgewater’s Pure Alpha fund was up 17% and its All Weather fund rose 8% in the first half of 2025.
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