Seth Klarman’s Baupost to Return $4 Billion to Investors

The Boston hedge fund firm is returning capital for only the second time in its history owing to a lack of investment opportunities.

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Baupost Group founder Seth Klarman. Photo: (Bloomberg
News)

Seth Klarman’s Boston-based Baupost Group plans to return about $4 billion at the end of the year, according to sources with knowledge of the firm’s plans, Alpha can exclusively reveal.

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