This content is from: Premium
Seth Klarman Sees a ‘Bubble’ in Alternative Investments
The head of Baupost seems especially concerned about the large amount of money that has flowed into private markets.
Baupost Group’s Seth Klarman has called the current state of alternative investments — especially private equity and venture capital — a “bubble” and raised questions about the valuations of the so-called unicorns in general, according to his fourth-quarter letter to investors.The legendary value investor laid out a number of market
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.