State Bond Commission approves Greenwich loan

The State Bond Commission just approved a loan and grant package of $35 million for AQR in Greenwich, one of the world's largest hedge funds.



Under the arrangement, AQR will retain 540 jobs and create up to 600 more jobs over 10 years.



In May, the same commission approved a $22 million loan package to help Bridgewater Associates expand its offices in Westport, Wilton and Norwalk.


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