Hartford Courant – The world’s largest hedge fund, Bridgewater Associates of Westport, announced an ambitious expansion plan Wednesday that includes building a new headquarters and nearly doubling its staff in the next decade, all with generous state help — up to $115 million of forgivable loans, grants and tax credits.
The company’s staff expansion and its plan to build a $750 million headquarters near the Stamford waterfront is the latest in the state’s large-scale economic development program, originally called the “First Five.” This is the largest financial incentive offered to a company by the state under the program.
