Seth Klarman’s Baupost Won’t Return Capital This Year

The Boston-based firm did not repeat the move it made at the end of 2013, when it returned some $4 billion to investors, but said it may return capital some time this year.

Seth Klarman, Baupost Group (Bloomberg)

Boston-based hedge fund giant Baupost Group recently told investors it will not return capital to them at the end of 2014, as it did the previous year.

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