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Baupost Decides Against Returning Money to Investors This Year

Seth Klarman’s Boston firm only rarely hands some money back to investors at the end of the year and has decided not to do so once again this year.

       Seth Klarman, Baupost Group (Bloomberg) Clarification: An earlier version of this story may have given the impression Baupost had not definitively made a decision whether to return some capital to investors this year. In fact, it did tell its investors over the summer that it definitely will not return any capital

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