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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at

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Ex-Bridgewater Exec Running for Congress

Sep 05, 2013
Jing Chen

A former Bridgewater Associates employee declared his candidacy for Congress on Wednesday.

Dan Debicella, who recently left his management role at Connecticut-based Bridgewater after three years, wrote on his website that his decision to run for Congress stemmed from his goal to stop the “culture of gridlock and corruption in Washington.”

This would be the second time Debicella, whose late father was a Bridgeport police officer and whose mother is a secretary for the federal court system, is running for Congress. He was the 2010 Republican nominee for Connecticut’s Fourth District.

Founded by Ray Dalio in his Manhattan apartment, Bridgewater Associates is now the world’s largest hedge fund with $144 billion in assets.






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