Bridgewater Associates, the world's largest hedge fund, has raised $836M in recent months, according to regulatory filings.
The company manages $145B.
- This funding was allocated to several sectors that fall under a fund named Defensive Alpha.
- This fund aims to generate profits whenever the stock market is down, reflecting the bear market trend that affected equities in recent months.
- According to the SEC filings, 10 investors participated in the fund.
- The raise was previously not disclosed by the company.
- Bridgewater has recently gone through major management changes as its founder Ray Dalio gave up his control over the company.
