Klarman to Return Capital [UPDATED]

It is almost end of September now, and the third quarter is coming to a close, and there is still no sign of Seth Klarman’s Q2 letter (although it was released to shareholders, see correction below). Since nobody has seen the highly coveted investor letter from Seth Klarman, it appears we will have to settle with rehashing news from his Q1 letter multiple times to fill the void. Stephen Taub of II Alpha noted a few months back that Baupost may return capital at the end of this year and later confirmed from sources that Baupost was indeed returning capital at…