Bridgewater Associates

Bridgewater Associates is a global macro hedge fund and investment management firm founded in 1975 and headquartered in Westport, Connecticut, United States. The firm manages private investment funds and discretionary institutional portfolios across asset classes including equities, fixed income, commodities, and alternatives.

Bridgewater serves large institutional investors such as pension funds, sovereign wealth funds, endowments, and central banks. As of late 2024, the firm managed approximately 92 billion USD in hedge fund assets and around 136 billion USD in total discretionary assets across roughly 90 institutional clients. Its flagship strategies include Pure Alpha, a systematic macro fund, and All Weather, an all-season risk-balanced portfolio.

The firm uses a systematic investment process that integrates quantitative modeling with macroeconomic research. It also publishes ongoing market and economic commentary for clients and policymakers through a long-running research publication known as the Daily Observations. Bridgewater operates an internal AI and machine learning division called AIA Labs.