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In a surprise expansion, Bridgewater Associates has taken space on the third floor of Wilton Woods Corporate Campus - and is said to be finalizing a lease to occupy much of the remaining two floors of the 340,000-square-foot building.
Any such lease would represent a major vote of confidence in Fairfield County as a suitable home for financiers, as rumors continue of a drastic scale-back in Stamford by UBS AG.
Bridgewater spokesman Alexei Nabarro said he could not comment on the company's real estate or headcount plans. An individual who works at Wilton Woods confirmed Bridgewater now has a presence in the building, with a second source saying that is only a toehold to a far larger lease that is imminent; that individual is under the impression it represents a Bridgewater expansion rather than a relocation from its existing headquarters in Westport.
Bridgewater reportedly is launching a $10 billion hedge fund that ranks among the largest ever created - and which would make the Ray Dalio-led...