The $101 billion Teachers Retirement System of Texas approved a unique deal to purchase private shares in Bridgewater.
Trustees in recent weeks approved a deal to invest $250 million in Bridgewater Associates Immediate Holdings. According to the latest list of the greatest money managers produced by LCH Investments, the top money manager is Ray Dalio. His Bridgewater Pure Alpha, which made net gains of $13.8 billion in 2011, took its total lifetime gains to $35.8 billion.
“The emergence of Bridgewater Pure Alpha and the gains they have reported in the past two years