Bridgewater Associates co-CEO Eileen Murray is leaving the $160 billion hedge fund, according a press release published Tuesday. Murray will step down at the end of next quarter, and co-CEO David McCormick will serve as the sole CEO. According to The Wall Street Journal, Murray was exploring leaving the hedge fund in May. Visit the Business Insider homepage for more stories. Eileen Murray, the co-CEO of Bridgewater Associates, is stepping down from her role at the $160 billion hedge fund at the end of next quarter. The world's largest hedge fund announced Murray's departure in a press release Tuesday morning.