Carsten Stendevad, who resigned as CEO of Danish pension fund ATP in August, is to join US hedge fund giant Bridgewater Associates. Stendevad will work with the Connecticut-based firm for a year as part of a new “senior fellowship program”, Bridgewater founder Ray Dalio said in a letter to clients, which was also posted on LinkedIn. Dalio said the programme would “bring highly distinguished individuals into Bridgewater for a year to explore what our culture is like and lend their expertise and insights to our organization”. “We expect a limited number of such special people to join this program in the future,” he added.