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How Ray Dalio Broke Into China
Building on its founder’s decades of philanthropy and local relationships, Bridgewater Associates wins a Chinese license. Ray Dalio’s Bridgewater Associates — the world’s largest hedge fund — is about to enter China. This is the first global alternative manager to be granted a domestic investment license, allowing Bridgewater to raise funds from local high-net-worth individuals and institutional investors, according to sources close to the company and analysts who cover Asian markets. Full investment news article
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