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Baupost clients pull $7bn over past three years | Hedge Fund News From HedgeCo.Net

Summary by hedgeco.net

(Hedgeweek) Seth Klarman’s Baupost Group, once a standout in the hedge fund world, has seen its clients withdraw approximately $7bn over the past three years as the firm grappled with underwhelming returns, according to a report by Bloomberg. To read this article:

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hedgeco.net

Baupost clients pull $7bn over past three years | Hedge Fund News From HedgeCo.Net

1 month ago

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Hedgeweek

Baupost clients pull $7bn over past three years

Seth Klarman’s Baupost Group, once a standout in the hedge fund world, has seen its clients withdraw approximately $7bn over the past three years as the firm grappled with underwhelming returns, according to a report by Bloomberg. The Boston-based hedge fund, which currently manages $23bn, has struggled to match its earlier success, delivering average annual gains of just 4% since 2014 — far below its historic performance and the broader market.…

1 month ago

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