Top hedge fund professional and family killed in plane crash

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Sad to report.

Bloomberg News report that Bridgewater Associates executive Bruce Steinberg and his family were among 10 Americans killed when a charter plane crashed into a mountain in Costa Rica on Sunday.

“The Bridgewater family lost Bruce Steinberg (a senior investor at Bridgewater and a wonderful man) and his family,” Ray Dalio, the founder of the Westport, Connecticut-based hedge fund, said in a statement on social media Monday. “Right now, we are each processing this devastating tragedy in our own ways. At this time I will be devoting my attentions to doing this and helping others.”

Steinberg, his wife Irene, and their sons William, Zachary and Matthew were aboard the single-engine plane when it crashed in the northwestern province of Guanacaste shortly after takeoff, according to the New York Times. Other people in the Cessna operated by Nature Air included four members of a family from Florida, another American and two Costa Rican crew members, the newspaper said. All died.

Hit the link below to access the complete Bloomberg News article:

Bridgewater's Steinberg Killed in Plane Crash With Family

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