Bridgewater Associates, one of the world’s biggest hedge-fund managers, said on Tuesday it might participate in the US Treasury’s public-private investment programme, calling it a “big transfer of money from the government to the banks and to the buyers”, reports Reuters. In a letter to clients, Bridgewater said its interest in buying the distressed assets would depend on the pricing and on “whether we can get over our fears of partnering with the government.”

This entry was posted by Gwen Robinson on Wednesday, March 25th, 2009 at 4:33 and is filed under Capital markets, Hedge funds. Tagged with bridgewater. Edit this entry.