Bridgewater Hires New Co-CEO With Tech Background

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Mark Melin
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Bridgewater Associates founder Ray Dalio is in the process of a “gradual” management transition that has yielded results, with the firm announcing today that Jon Rubinstein was joining as co-CEO of the world’s largest hedge fund. The announcement is significant not only for the recent dust-up involving Bridgewater co-CEO Greg Jensen, 42, who Rubinstein replaces, but also due to Rubinstein’s technology, not finance, background. Jensen to focus on role as Bridgewater chief investment officer Rubinstein is expected to join Bridgewater in May and will replace Jensen at co-CEO, as he moves full time to investment management, the hedge fund said in a…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.