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Pension Funds Love Bridgewater

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Ray Dalio's Bridgewater Associates clocked in as the hedge fund of choice among public pension plans, in a recent popularity contest, with 21 out of 150 PPP's investing with the firm. If they can't get a piece of Ray, the funds people will settle for are:

K2 Advisors, Grosvenor Capital Management, Pacific Alternative Asset Management, GAM and Blackrock Proprietary Alpha Strategies, the next five most popular hedge fund firms among public pension investors

[Institutional Investor]