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Bridgewater Associates

Real Estate
$139M Greenwich Estate, Among Nation's Most Expensive Homes, Sold To Mystery Buyer $139M Greenwich Estate, Among Nation's Most Expensive Homes, Sold To Mystery Buyer
$139M Greenwich Estate, Among Nation's Most Expensive Homes, Sold To Mystery Buyer Mum is the word when it comes to who purchased one of the nation's most expensive homes located in Fairfield County. Copper Beech Farm, the largest waterfront home in Greenwich at more than 55 acres with a mile of water frontage, sold for $138.83 million, making it the most expensive home ever sold in Connecticut, agents announced on Wednesday, Aug. 2. The estate is located at 499 Indian Field Road near Bruce Park and offers incredible views of Long Island Sound and includes a stately 13,519 square foot main house with eight bedrooms and bathrooms, walled gardens, a 75-foot swimmi…

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by Kathy Reakes
News
Billionaire Investor Ray Dalio Says Son Killed In Greenwich Car Crash Billionaire Investor Ray Dalio Says Son Killed In Greenwich Car Crash
Billionaire Investor Ray Dalio Says Son Killed In Greenwich Car Crash Billionaire hedge fund investor Ray Dalio announced that his son was killed in a crash that happened at a shopping center in Fairfield County. The crash occurred around 3:50 p.m., Thursday, Dec. 17, at the Riverside Commons Shopping Center located at 1233 East Putnam Ave., in Greenwich when a 2016 Audi, drove over the parking strip, mounted the curb, crashed through the Verizon storefront doors, and traveled completely into the store, Greenwich Police Department Captain Mark Zuccerella said. Earlier story: Police Probe Fiery Fatal Crash At Greenwich Shopping Center The store…

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by Joe Lombardi
Politics
Hedge Fund Mogul Ray Dalio From Greenwich Wants To Give CT $100M Hedge Fund Mogul Ray Dalio From Greenwich Wants To Give CT $100M
Hedge Fund Mogul Ray Dalio From Greenwich Wants To Give CT $100M The Fairfield County founder of one of the world’s most successful and largest hedge funds is setting an example for other billionaires by betting on the future in the form of a $100 million donation for the state’s schools. Ray Dalio, the founder of Bridgewater Associates in Westport, announced that he will be donating $100 million, which will be matched by the state and then by other philanthropists and business magnates to benefit students. Dalio, of Greenwich, was featured in the latest episode of CBS-TV's "60 Minutes." (See video above.) "The partnership seeks to raise $300 million ove…

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by Zak Failla
Neighbors
Community Rallies Around 9-Month-Old Daughter Of Westchester Native, 47 Community Rallies Around 9-Month-Old Daughter Of Westchester Native, 47
Community Rallies Around 9-Month-Old Daughter Of Westchester Native, 47 A GoFundMe fundraising campaign has been created for the daughter of a Fairfield County businessman who hails from the Hudson Valley who suddenly passed away last week. Edward “Ted” K. Dell’Abate, a native of Pound Ridge and founder of Phaedrus Technologies in Manhattan, died on Feb. 12 after a brief battle with cancer. He most recently worked at Bridgewater Associates in Westport, Conn. In response to his death, the fundraising campaign was started for his infant daughter, Matilda, who is 9-months old. In one weekend, more than $3,000 was raised. “Ted was overcome after a very brief battl…

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by Zak Failla
Obituaries
Westchester Man Killed In Plane Crash With Family Was Hedge Fund Exec Westchester Man Killed In Plane Crash With Family Was Hedge Fund Exec
Westchester Man Killed In Plane Crash With Family Was Hedge Fund Exec Related story: Community Mourns Loss Of Prominent Scarsdale Family In Costa Rica Crash A 50-year-old Westchester man who died in a plane crash with his family on New Year's Eve in Costa Rica was a senior executive at Bridgewater Associates, a large hedge fund based in Westport, Conn. "The Bridgewater family lost Bruce Steinberg (a senior investor at Bridgewater and a wonderful man) and his family in a plane crash in Costa Rica," Bridgewater founder Ray Dalio said on Facebook. "Right now, we are each processing this devastating tragedy in our own ways. At this time I will be d…

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by Daily Voice