The Baupost Group
Investment ManagementUnited States201-500 Employees
The Baupost Group is a Boston-based investment manager that emphasizes a patient, long-term, value-oriented approach to capital allocation. Since its founding in 1982, the firm has managed capital on behalf of families, foundations and endowments, with employees collectively representing the largest client group. It maintains a broad investment mandate across asset classes, including publicly traded debt and equity, private debt, real estate, and private equity. Seth Klarman has led the firm since its inception, guiding its investment philosophy and oversight. The company serves a diverse set of clients seeking capital stewardship and durable growth over time. It operates within the investment management industry with flexibility to deploy capital across markets and asset types as opportunities arise. In May 2026, Baupost Group sold assets to Select Group, involving three golf-course hotels in the United Kingdom. This development illustrates the firm's active portfolio management beyond its traditional holdings.