Hedge Funds

Bridgewater settles suit filed by former co-chief executive Eileen Murray

The suit alleged the hedge fund withheld up to $100m in deferred compensation

Former Bridgewater Associates co-chief executive Eileen Murray has settled her pay dispute with the world’s largest hedge fund, she said on 5 October.

Murray had filed suit against Bridgewater in July, alleging it was withholding up to $100m in deferred compensation because she disclosed to a third party that she had a gender-discrimination dispute with the hedge fund. The suit described Murray as having claims against Bridgewater “based on gender discrimination, unequal pay, and breach of contract”.

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