Bridgewater Associates, one of the world’s largest hedge funds, has named another chief investment officer.
Karen Karniol-Tambour joins Co-CIOs Bob Prince and Greg Jensen to lead the company’s investment decisions. The company’s investment committee unanimously nominated her, and her CEO accepted her recommendation.
“This is another milestone in Karen’s incredible career. Over the past 16 years, she has been a trusted advisor to her clients, a role model for the most promising talent, and a leading figure at the forefront of a new generation. He is one of our key leaders,” Bridgewater co-CEO Nir Bar Dea said in a statement Tuesday.
Jensen hired Karniol-Tambour to Bridgewater in 2006, when she joined the fixed income team as an investment associate. She later became head of investment research and worked closely with Jenson, Prince and Ray, who founded Bridgewater in 1975.
In 2021, Karniol-Tambour will become Co-CIO of Sustainability and, together with Carsten Stendevad, Co-CIO of Sustainability, will launch the company’s first portfolio that incorporates these factors along with risk and return.She has held other key roles on the investment and commercial committees, played a key role in mentoring her colleagues and became a trusted advisor to clients, Jensen previously said. memo to employees.
“I have known Karen ever since I joined Bridgewater as a senior in college. We have been impressed with her deep concern, creativity and tenacity in the face of our most important challenges and opportunities.We are fortunate to have her lead at the highest levels of Bridgewater and she is excited to work even more closely with our leadership team moving forward,” Jensen said in a note.
Karniol-Tambour serves on the boards of the Truman Center for National Policy, Search for Common Ground, and Seeds of Peace. She is also a Young Global Leader of the World Economic Forum. Fortunes Named one of the 40 Most Influential Leaders Under 40 in Business in 2019. Barons Named to the list of “Most Influential Women in American Finance” for the third consecutive year.