The world’s biggest hedge fund, Westport-based Bridgewater Associates, appears to be cutting back on hiring.
The New York Times reports that the firm was known for hiring hundreds every year, but the newspaper cited anonymous sources who say that in recent weeks dozens of interviews have been canceled.
In the last two years, two of Bridgewater's funds have lost money for investors.
At the moment, there does not appear to be any talk of layoffs. The firm employs 1,500 people.
Connecticut has given Bridgewater $22 million in financial aid in an effort to keep the firm from moving its headquarters out of the state.
Bridgewater had no comment on the Times' article.
Anthem-Cigna Merger Ethics
A public comment period related to the proposed merger between Anthem and Bloomfield-based Cigna is coming to a close.
At issue is whether the state's insurance commissioner, Katharine Wade, should have recused herself from overseeing the merger.
Wade is a former vice president of Cigna, and her husband is currently an attorney there.
A Department of Insurance spokesperson said Wade sought guidance from state ethics officials throughout the process.
Comments are being accepted on the Office of State Ethics' website through Wednesday.
An earlier version of this report incorrectly characterized the nature of losses for two of Bridgewater's funds.
