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

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of