Ray Dalio has a new gig very far from home: advising an upstart $900 billion fund

By Business Insider   |   4 days ago
Ray Dalio has a new gig very far from home: advising an upstart $900 billion fund

Ray Dalio, founder of Bridgewater Associates, has joined Indonesia's new sovereign wealth fund, Danantara, as a special advisor. The fund aims to manage national investments and projects for Indonesia's long-term prosperity, with a planned $20 billion initial investment budget.

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