Bridgewater Loses Claims It Brought Against Ex-Employees Who Launched Hedge Fund

Bridgewater Associates LP lost an arbitration dispute it had brought against two former investment employees who started their own hedge fund, a rare setback for Bridgewater that could hamper its ability to limit former employees’ options after they leave the firm. The world’s largest hedge fund, with $140 billion in assets, Bridgewater is run by billionaire Ray Dalio. Mr. Dalio has gained widespread recognition beyond the hedge-fund world in advocating for what is known as radical transparency in managing companies….


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