Billionaire Ray Dalio Set to Open Family Office in Singapore

  • Bridgewater hedge fund founder ‘excited’ by region’s prospects
  • Dalio joins Dyson, Shu with family offices in Singapore
Ray DalioPhotographer: David Paul Morris/Bloomberg
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Ray Dalio, the billionaire founder of Bridgewater Associates, is opening a family office in Singapore to run his investments and philanthropy throughout the region.

Dalio has long held ties to Asia and Singapore, and felt it was “high time” to open a family office there, the hedge fund manager’s spokesperson said in a statement, without elaborating on the timing or staffing plans.