World's Biggest Hedge Fund Plans Connecticut Campus Upgrades

The world's largest hedge fund is proposing upgrades to its wooded campus in Connecticut. The project brings a new set of hurdles after the collapse last year of a plan to relocate its offices to a peninsula on Long Island Sound.

Bridgewater Associates is proposing to overhaul its office buildings and create an underground parking garage on its headquarters at the confluence of two rivers in Westport.

Town Conservation Director Alicia Mozian says her department will likely need help vetting the proposal from an outside consultant.

At a presentation last week to the town's planning and zoning commission, Bridgewater facilities chief Neil Grassie said the firm ideally would like to stay in town but the outdated buildings no longer meet its requirements.

Copyright AP - Associated Press
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