Exclusive | Ray Dalio's Bridgewater eyes Saudi expansion

Exclusive | Ray Dalio's Bridgewater eyes Saudi expansion

Ray Dalio, the billionaire founder of the world's largest hedge fund Bridgewater Associates, is set to open a new investing outpost in Saudi Arabia, The Post has learned.

Essex Files: Saudi Arabia’s Bold Leap to Modernity

Bridgewater, Renaissance Make Changes to Top Holdings

Two of the highest-profile hedge fund firms have shuffled their biggest bets. But, according to their first-quarter stock holdings reports, Bridgewater Associates made major changes to its portfolio, while Renaissance Technologies more or less tinkered.Bridgewater pared its largest long position by more than half, initiated one new position, and more than doubled other significant holdings.Bridgewater — founded by Ray Dalio, who no longer runs t…