Bridgewater Associates, LP is an American investment management firm founded by Ray Dalio in 1975. The firm serves institutional clients including pension funds, endowments, foundations, foreign governments, and central banks. As of 2022, Bridgewater has posted the second highest gains of any hedge fund since its inception in 1975. The firm began as an institutional investment advisory service, graduated to institutional investing, and pioneered the risk parity investment approach in 1996.
Mirae Asset Financial Group is a South Korean multinational financial services company headquartered in Seoul, South Korea. Mirae Asset provides comprehensive financial services including asset management, wealth management, investment banking, and life insurance. Mirae Asset was founded by Hyeon Joo Park in 1997 and introduced the very first mutual funds to Korean retail investors in 1998. On a global consolidated basis, total group’s client assets exceed US$550 billion. Mirae Asset has global presence in Australia, Brazil, Canada, Mainland China, Hong Kong, Colombia, India, Indonesia, Japan, Korea, Mongolia, Singapore, the United Kingdom, United States and Vietnam.
Banque Populaire was a French group of cooperative banks, with origins in the European cooperative movement. In 2009, it merged with Groupe Caisse d'Épargne to form Groupe BPCE.
Groupe Caisse d'épargne was a group of French savings banks that were converted into cooperative banks by legislation enacted in 1999. Its roots went back to the founding in 1818 of the Caisse d'Épargne et de Prévoyance de Paris, initiated by Benjamin Delessert and the Duke of La Rochefoucauld-Liancourt.
Raymond Thomas Dalio is an American investor and hedge fund manager, who has served as co-chief investment officer of the world's largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1975 in New York.
The Caisse des dépôts et consignations is an idiosyncratic French public financial institution created in 1816, often referred to as the investment arm of the French State. It is defined in the French Monetary and Financial Code as a "public group serving the public interest" and a "long-term investor". Its governance framework places it under the control of the Parliament.
Actis is a global investment firm focused on the private equity, energy, infrastructure, and real estate asset classes.
Risk parity is an approach to investment management which focuses on allocation of risk, usually defined as volatility, rather than allocation of capital. The risk parity approach asserts that when asset allocations are adjusted to the same risk level, the risk parity portfolio can achieve a higher Sharpe ratio and can be more resistant to market downturns than the traditional portfolio. Risk parity is vulnerable to significant shifts in correlation regimes, such as observed in Q1 2020, which led to the significant underperformance of risk-parity funds in the Covid-19 sell-off.
Harris Associates L.P. is a Chicago-based investment company that has $104 billion under management as of December 31, 2023. Harris manages long-only U.S. equity, international equity, and global equity strategies which are offered through its mutual fund company, the Oakmark Funds, and other types of vehicles. Harris is wholly owned by Natixis Investment Managers, an American-French financial services firm that is principally owned by BPCE. Harris Associates retains full control of investment decisions, investment philosophy, and day-to-day operations.
Groupe BPCE is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth largest bank, the seventh largest in Europe, and the nineteenth in the world by total assets. It has more than 8,200 branches nationwide under their respective brand names serving nearly 150 million customers. Its wholesale banking subsidiary Natixis, previously a separately listed company, was delisted and came under full ownership of Groupe BPCE in 2021.
Natixis Investment Managers is a global asset management company, part of the French Groupe BPCE financial group. The company has headquarters in Paris and Boston. It is the second-biggest French asset manager by market share.
François Pérol is a French banker and high-ranking official and is the current chairman of Natixis.
Citywire is a London-based media group covering the global asset management industry
John Thomas Hailer is an American financial services executive, who retired in April 2017 as president and chief executive officer of Natixis Global Asset Management – The Americas & Asia, a subsidiary of French bank Natixis.
Proparco is a development finance institution partly owned by the French Development Agency (AFD) and private shareholders from the developed countries.
Asia Frontier Capital Ltd. is an investment company created by a management buyout of Leopard Capital by the former CFO and COO, Thomas Hugger, at the end of May 2013. Leopard Capital Management Ltd. was subsequently renamed Asia Frontier Capital Ltd. The group manages the AFC Asia Frontier Fund, AFC Iraq Fund, AFC Uzbekistan Fund, and AFC Vietnam Fund. All funds are open-end funds under the AFC Umbrella fund for US investors or AFC Umbrella fund (non-US) for investors outside from the US. Investors can subscribe or redeem the funds monthly at net asset value.
Bruno Crastes is a French fund manager specializing in absolute return/global bond strategies and CEO of H2O Asset Management.
Rockefeller Capital Management (RCM) is an independent wealth management and financial services firm, founded in 2018. The firm offers family office, asset management, and strategic advisory services to high-net-worth individuals and families, institutions, and corporations. Its president and CEO is Greg Fleming.
AlphaSimplex Group (AlphaSimplex) is an American investment management firm based in Boston. The firm relies on quantitative analysis for its approach to investing.
Mirova is a global asset management company dedicated to sustainable investment and an affiliate of Natixis Investment Managers. As of September 30, 2023, Mirova and its affiliates manage €28.4 billion. The company is a mission-driven company, labeled B Corp.
