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Money management: A quick exit for Bridgewater's Harris; Ex-Verizon Investment chief leaves alternatives firm after 5 months.

Publication: Pensions & Investments
Publication Date: 27-JUN-05 		Format: Online - approximately 845 words
Delivery: Immediate Online Access
Full Article Title: Money management: A quick exit for Bridgewater's Harris; Ex-Verizon Investment chief leaves alternatives firm after 5 months.(News)(Bridgewater Associates Inc)(T. Britton Harris IV )

Article Excerpt
Byline: Christine Williamson

WESTPORT, Conn. - T. Britton Harris IV resigned as chief executive officer of alternatives manager Bridgewater Associates Inc. after five months on the job.

Mr. Harris joined Bridgewater to fill the newly created CEO position in January, after being president of Verizon Investment Management Corp. for more than four years. At the time Mr. Harris left, VIMCO managed $60 billion, mainly for the pension plan of parent company Verizon Communications Inc., New York. Mr. Harris was to have assumed the business management responsibilities of running Bridgewater from Raymond T. Dalio, the firm's founder, president and co-chief investment officer, during the first year.

Bridgewater was founded in 1975 and manages more than $116 billion in worldwide institutional assets as of March 31, according...

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