(Institutional Investor) Talk about alignment of interests.Ray Dalio’s Bridgewater Associates made another $300 million for its investors last year despite only eking out low, single-digit gains in its main Pure Alpha macro funds. This brings total net gains since the firm’s inception to a mind-blowing $49.7 billion, according to the latest annual calculations of LCH Investments, a London-based fund-of-funds firm.
Dalio regularly tops the Institutional Investor’s Alpha Rich List of the highest earning hedge fund managers. In 2016, he ranked second after personally earning $1.4 billion from his share of the firm’s fees and gains on his own capital invested in Bridgewater funds.
