Baupost Deputy Plans Own Hedge Fund

Oct 24 2012 | 12:59pm ET

The number-two man at Baupost Group is becoming his own number one.

Herb Wagner will leave the Boston-based hedge fund at the end of the year to start his own firm, Baupost told clients yesterday. Details of Wagner's plans were scarce in the letter. He will seed the fund himself and plans eventually to raise outside capital.


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    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

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