THE BAUPOST GROUP, L.L.C. other names

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Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

272 2.26%

of those in investment advisory functions:

60 1.69%

Registration:

SEC, Approved, 1/2/1998

AUM:

24,767,034,506 -9.56%

of that, discretionary:

24,767,034,506 -9.56%

GAV:

24,767,034,506 -9.56%

Avg Account Size:

2,251,548,591 -9.56%

SMA’s:

NO

Private Funds:

11

Contact Info

(61 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
32B 27B 23B 18B 14B 9B 5B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

The Baupost Investment Paradigm: A Deep Dive Into Seth Klarman's Strategy
09/05/2023

From timing to teamwork: Decoding Baupost's investment excellenceCheck out Seth Klarman Stock Picks » Download GuruFolio Report of Seth Klarman (Updated on 09/04/2023)Related Stocks: SPY, ^DJI, ^IXIC,

gurufocus.com

Return to Office, Recession Fears End Wall Street's Hamptons Work-From-Home Party
07/09/2023

Seth Klarman, the billionaire founder of the Baupost Group hedge fund, kindly took a break from wherever he summers to make an appearance on CNBC ...

businessinsider.com

FinTech Futures: Top five stories of the week – 23 June 2023
06/24/2023

... funds managed by hedge fund firm The Baupost Group. The transaction is expected to close following a court approval hearing scheduled for 29 June ...

fintechfutures.com

SVB's Investment Bank Has Deal to be Sold to Its CEO, Jeff Leerink - The Information
06/19/2023

Boston-based hedge fund the Baupost Group is backing the sale to the group led by Leerink. A hearing to seek court approval for the sale is slated ...

theinformation.com

Seth Klarman's Firm Enters Skyworks Solutions, Exits Meta
05/19/2023

The Baupost Group releases 1st-quarter portfolio updateCheck out Seth Klarman Stock Picks » Download GuruFolio Report of Seth Klarman (Updated on 05/18/2023)Related Stocks: SWKS, JAZZ, GOOGL, GOOG, FIS, META, MU,

gurufocus.com

baupost group newsletter - LINO EMILIO CERUTI HSE
02/16/2023

Jun 4, 2015 Seth Klarman, who has managed the Baupost Group hedge fund since its founding 33 years ago, Sign up for Kiplinger's Free ...

linocerutihse.it


Private Funds Structure

Fund Type Count GAV
Hedge Fund 11 $24,767,034,506

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Private Funds



Employees




Brochure Summary

Overview

The Baupost Group, L.L.C. (“Baupost”) was formed in May 1982 (originally as The Baupost Group, Inc.). Baupost is headquartered in Boston, Massachusetts. Baupost’s Chief Executive Officer and principal owner, Seth A. Klarman, serves as Portfolio Manager and has been managing the investments of Baupost’s clients since the company’s inception. Baupost is the managing general partner to eleven domestic investment limited partnerships (each, a “Partnership,” collectively, the “Baupost Partnerships”). All of the Baupost Partnerships are privately offered investment vehicles exempt from registration as investment companies under the Investment Company Act of 1940, as amended (the “1940 Act”). Baupost Partners, L.L.C. (“Baupost Partners”), an affiliate of Baupost, serves as profit sharing general partner to the Baupost Partnerships (together with Baupost, the “General Partners”). Baupost has no ownership interest in Baupost Partners, but certain indirect owners and employees of Baupost are members of Baupost Partners. As managing general partner of each Partnership, Baupost is solely responsible for the management and administration of such Partnership, including the making of all investment decisions on behalf of such Partnership and the placing of all orders for the purchase and sale of investments. Baupost manages each Partnership pursuant to the investment strategy set forth in such Partnership’s limited partnership agreement (“LP Agreement”) and, if applicable, offering memorandum. The Baupost Partnerships invest in a wide range of public and private securities and assets. Baupost does not provide specifically tailored investment advice to investors in the Baupost Partnerships, and investors may not impose investment restrictions on their investments in the Baupost Partnerships. Contributions to and withdrawals from the Baupost Partnerships
are subject to the terms and conditions set forth in the respective LP Agreements of the Baupost Partnerships in which investors are invested. Investors in the Baupost Partnerships are subject to restrictions on their ability to withdraw capital from the Baupost Partnerships. Baupost has the right, in its sole discretion, to waive or alter some or all of the applicable restrictions on capital withdrawals and contributions (for example, notice periods, withdrawal of the portion of capital allocated to restricted investments (which are generally illiquid investments designated as restricted investments in the judgment of Baupost pursuant to certain of the LP Agreements), and other matters) or on transfers of limited partnership interests for investors as set forth in each Partnership’s LP Agreement and, if applicable, offering memorandum, and Baupost generally does waive notice periods for employees and certain former employees. The Baupost Partnerships indirectly own a platform of affiliated entities located in Luxembourg to facilitate investment in European real estate and related assets (the “European Investment Platform”). In 2019, the European Investment Platform established an entity that will provide accounting, administrative, legal and corporate secretarial support services, and may also provide other support services, to certain Luxembourg investment vehicles in which the Baupost Partnerships indirectly invest. Investors are urged to review the relevant LP Agreement and, if applicable, offering memorandum for additional information about matters addressed in this and other items throughout this Brochure. As of December 31, 2022, Baupost’s regulatory assets under management were approximately $27,384,539,075, all of which are managed on a discretionary basis. Baupost does not manage assets on a non-discretionary basis.