Baupost To Return Money To Investors

Sep 25 2013 | 12:20pm ET

The Baupost Group plans to return some money to investors at the end of the year as opportunities become scarcer.

It is unclear how much of its $28 billion in assets the Boston-based hedge fund will return, Reuters reports. It is only the second time since the firm was founded 31 years ago that it is making such a distribution, joining the likes of Moore Capital Management and Tiger Global Management, both of which returned capital to investors last year.

According to Reuters, Baupost chief Seth Klarman is finding it difficult to put so much money to work in the current market environment.


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With NFL season on the horizon, it’s time to take a look at our Fantasy Football value picks. Last year, we nailed it on Drew Brees, Jordan Howard, Frank Gore and Dwayne Allen. We missed pretty badly on Duke Johnson, Demaryius Thomas, Mohammed Sanu and Eli Manning.