Bridgewater’s Bruce Steinberg Killed in Aircraft Break With Family

Bridgewater Friends executive Bruce Steinberg and his household were among 10 People killed when a charter aircraft crashed into a mountain in Costa Rica on Sunday.

“The Bridgewater household misplaced Bruce Steinberg (a senior investor at Bridgewater and a radiant man) and his household,” Ray Dalio, the founder of the Westport, Connecticut-based utterly hedge fund, stated in a assertion on social media Monday. “Graceful now, we’re each processing this devastating tragedy in our like ways. At present I will likely be devoting my attentions to doing this and helping others.”

Steinberg, his wife Irene, and their sons William, Zachary and Matthew were aboard the one real-engine aircraft when it crashed within the northwestern province of Guanacaste rapidly after takeoff,

in accordance to the Unusual York Times. Other of us within the Cessna operated by Nature Air included four members of a household from Florida, one other American and two Costa Rican crew members, the newspaper stated. All died.

The Steinbergs were from Scarsdale, Unusual York. Matthew used to be an eighth grader in non-public college, and his older brothers were each in college — William on the University of Pennsylvania and Zachary at Johns Hopkins University.

Authorities in Costa Rica stated robust winds were reported within the dwelling of the rupture and were being examined as a doubtless facet in what took place, in holding with the Associated Press.

“No possibility would possibly well be no longer eminent for obvious,” the AP

quoted Michael Soto, deputy director of Costa Rica’s Judicial Investigation agency, as announcing. “We like now two aspects: The precept one would be some climate condition and if there used to be a mechanical instruct.”

The Steinbergs were energetic in philanthropy and the native Jewish neighborhood, Rabbi Jonathan Blake of the Westchester Reform Temple in Scarsdale wrote in a assertion on its Fb web page. They were alive to with the UJA-Federation of Unusual York, the AJC Jewish advocacy organization and Seeds of Peace. They additionally were members of the Sunningdale Country Membership.

“This tragedy hits our neighborhood very tough,” Blake wrote.