Bridgewater To Build New $750M Headquarters In Conn.

Law360, New York (August 15, 2012, 6:49 PM EDT) -- Bridgewater Associates LP, one of the world’s largest hedge funds, will build a $750 million corporate headquarters on the water in Stamford, Conn., and create up to 1,000 new jobs there in the next decade, Gov. Dannel P. Malloy announced Wednesday.

In exchange for bringing the new “high-level” jobs to the city, Bridgewater will get a forgivable $25 million construction loan at a rate of 1 percent for a term of 10 years to help finance two buildings totaling 750,000 square feet.

The firm, based in...
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