A longtime Bridgewater investor is launching a hedge fund. Here's a look inside Paul Podolsky's Kate Capital.

Tom Bachner, former president of Mudrick Capital and Bridgewater fundraiser, joins Paul Podolsky's new firm Kate Capital. Podolsky, with 15+ years at Bridgewater, plans a global macro fund with backing from New Holland Capital. Dalio praises Podolsky's venture.