Bridgewater Expands With New Conn. Office Space

Jul 6 2011 | 10:07am ET

Bridgewater Associates is making room for its massive new hedge fund launch.

The $100 billion firm has leased the third floor at the Wilton Woods Corporate Campus in Wilton, Conn., just four-and-a-half miles from its Westport, Conn., headquarters. Bridgewater is also in advanced negotiations to take over half of the second and third floors of the building, located at 20 Westport Road, the Fairfield County Business Journal reports.

Bridgewater’s new digs are an expansion of its office space and not a potential replacement for its Westport campus. Last year, Bridgewater was reportedly mulling a move from Westport to Stamford, Conn.—possibly into a mass of space likely to be vacated by UBS, which is rumored to be moving its investment-banking operations to Manhattan.

The hedge fund also has office space in Norwalk, Conn.

Bridgewater is currently rolling out a nearly $10 billion hedge fund, which debuted in November with $2.4 billion but which has another $7.5 billion in commitments.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...