Seth Klarman’s Baupost to Return Some Capital to Clients

The Boston-based asset manager says the firm’s capital base is too large for the number of opportunities it sees for investment.

seth-klarman-baupost-homepage.jpg

Seth Klarman’s Baupost Group has decided to return some money to investors at year-end, but it has not yet determined the amount, according to a person familiar with the firm’s plans.

This would be only the second time Baupost returned money to investors in the Boston-based investment firm’s 31-year history.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related