Dalio’s Bridgewater Exit Terms Said to Delay Abu Dhabi Plans (1)

An investment partnership between Ray Dalio’s family office and Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan has been delayed as Bridgewater Associates grapples with the legal terms of its billionaire founder’s exit from the firm.

One of the questions is whether Dalio, who built Bridgewater into a $160 billion behemoth, might use the company’s intellectual property if he proceeds with the tie-up, according to people with direct knowledge of the matter.

The 74-year-old signed a non-compete agreement upon departing the world’s largest hedge fund several years ago, the people said, requesting anonymity as the matter is private. ...