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Ray Dalio Exclusive: Appoints Ex-Carnegie Mark Baumgartner as CIO

The Family Office of Ray Dalio has hired Mark Baumgartner as its new Chief Investment Officer (CIO) from nonprofit organisation Carnegie Corp of New York.

Ray Dalio: Founder of Bridgewater Associates and Philanthropist, Leading the Way in Investments and Giving Back. PHOTO: Shutterstock/AYP

The family office helps manage Dalio’s private investments and philanthropic donations. Dalio, who founded Bridgewater Associates in 1975, turned it into the world’s largest hedge fund

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