Baupost Picks Real Estate, Private Equity Co-Chief

Feb 17 2012 | 3:23am ET

Baupost Group has put partner George Rizk in charge of its private equity and real estate business.

Rizk was named co-head of the Boston alternative investments firm's private investment group. He'll work alongside Tom Blumenthal when he succeeds Sam Plimpton in June. Plimpton has overseen Baupost's real-estate investments for almost 20 years.

Rizk has already begun to manage Baupost's U.S. real-estate portfolio. He'll remain focused on that area even after Plimpton's exit, with Blumenthal holding primary responsibility for international real estate, private opportunities and the group's overall operations, Baupost said in a letter to investors.

Rizk has been with Baupost for less than a year, having joined in March from D.E. Shaw Group. At D.E. Shaw, he was co-head of D.E. Shaw Real Estate Advisors.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…