Other than announcing his dislike for Ben Bernanke’s QEIII policy, Seth Klarman also shares the changes in Baupost Group’s management team in the latest investor letter. We broke the news yesterday that Herb Wagner, the co-portfolio manager at Baupost was leaving the firm to work on his own investment firm. Herb Wagner’s exit from Baupost Group will take place by the end of this year. We were the first media outlet to report the news. We stated on twitter, early yesterday:
Herb Wagner co-pm at #Baupost leaving to start his own firm (sources)
— ValueWalk.com (@valuewalk) October 23, 2012
On This Page
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
