Hedge Funds

Harris fills new CEO role at Bridgewater


Bridgewater Associates has created a new post of chief executive officer - and named Britt Harris, the former president of Verizon Investment Management, to fill the position.

Under a new management structure that will take effect at the Westport, Conn. firm at the beginning of 2005, Bridgewater founder and "portable alpha" pioneer Ray Dalio will remain the firm's president and chief investment officer.

But, in keeping with a trend that has seen many hedge funds higher their first chief operating officer or chief executive officer over the last few years, Harris will play an important role in running the