Jul
17
Bridgewater, World’s Biggest Hedge Fund, Is Said to Be Slowing Hiring
By
Ray Dalio, the founder of Bridgewater Associates, at the World Economic Forum in January.CreditDavid A.Grogan/CNBC, via NBCU Photo Bank, via Getty Images
After years of rapid internal growth, the world’s biggest hedge fund appears to be slowing down.
The $154 billion hedge fund, Bridgewater Associates, run by the billionaire Ray Dalio, is known for hiring hundreds of people every year. Yet it is now telling recruitment firms to cancel interviews with prospective employees, according to three people briefed on the matter.
In recent weeks, dozens of interviews were canceled and advanced negotiations with prospective employees were cut short by the firm, those people said…
