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Ray Dalio Sells His Last Remaining Stake in Bridgewater, Steps Away From Hedge Fund's Board

FAIRFIELD COUNTY, CONNECTICUT, JUL 31 – Ray Dalio finalized his gradual succession by selling his remaining Bridgewater stake, with the firm’s Pure Alpha fund up 17% in the first half of 2025, officials said.

  • Ray Dalio, the founder of Bridgewater Associates, sold his remaining shares and stepped down from the firm's board in 2025.
  • Dalio started transferring control over a decade ago and fully handed over voting rights in 2022 as part of a planned succession.
  • To complete the transfer of ownership, Bridgewater secured funding by garnering investments from its current investors and staff, including a sovereign wealth fund that acquired close to a 20% stake by reallocating its previous investment in a Bridgewater fund.
  • The hedge fund's flagship Pure Alpha macro fund rose 17% in the first half of 2025 after capping assets to improve returns following poor prior performance.
  • Dalio will remain an investor and mentor, while Bridgewater's CEO Nir Bar Dea emphasized the transition marks a successful life cycle for the firm.
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13 Articles

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Ray Dalio Sells Remaining Stake in Bridgewater

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Ray Dalio sells remaining stake in Westport-based hedge fund giant Bridgewater Associates

Bridgewater Associates founder Ray Dalio, a Greenwich resident, has sold his remaining ownership stake in the Westport-based hedge fund giant.

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75-Year-Old Billionaire Ray Dalio Just Sold His Last Shares in the Hedge-Fund Firm He Founded. Here's Why He's 'Thrilled About It.'

Billionaire Ray Dalio, 75, just sold his last shares in his hedge-fund firm Bridgewater Associates and left its board. Here's why he's "thrilled about" it.

·San Francisco, United States
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Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge fund's board

Bridgewater completed the final transition of Dalio's equity shares, wrapping up his management transition started in 2022.

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New York PostNew York Post
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Billionaire Ray Dalio sells remaining stake in Bridgewater — firm he founded 50 years ago

Investor Ray Dalio sold his remaining stake in Bridgewater Associates, the hedge fund he founded 50 years ago, according to a letter sent to the fund's investors and seen

·New York, United States
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BloombergBloomberg
Lean Left

Bridgewater Founder Dalio Sells His Remaining Stake in Firm

Bridgewater Associates founder Ray Dalio sold the remainder of his stake in the hedge fund and left its board, ending a leadership transition started more than a decade ago.

·United States
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U.S. News broke the news in New York, United States on Thursday, July 31, 2025.
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