Baupost Group LLC (Boston)

Baupost Group LLC is a large advisory firm based in Boston. It manages $23.75 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Massachusetts and Texas.

Baupost Group provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Baupost Group: assets under management

The assets under management (AUM) of Baupost Group LLC is $23.75 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 894% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $23.75 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.98 billion each.

Baupost Group has custody of $23.75 billion in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Baupost Group LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Baupost Group LLC

Seth Andrew Klarman has been acting as President since 1 Jan 1998. George Nmn Rizk joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Seth Andrew Klarman	President	1 Jan 1998	50% - 75%	866149
Paul Christopher Gannon	Chief financial officer	1 Jan 1998	Other	4375953
Thomas William Blumenthal	Managing director	1 Jan 1998	Other	1059137
Scott Andrew Nathan	Managing director	1 Jan 1998	Other	4375957
Scott Arthur Stone	Chief compliance officer	1 Jan 1998	Other	1434637
Samuel Plimpton	Managing director	1 Jan 1998	Other	4375992
Inc The Baupost Group	Member	1 Jan 1998	25% - 50%	04-2752581
William James Poorvu	Member	1 Jan 1998	Other	4378545
Sak Corporation	Member	1 Jan 1998	Other	04-3334541
Samuel Nmn Plimpton	Managing director	1 Jan 1998	Other	4375992
George Daniel Prigmore	Managing director	1 Jan 2001	Other	4375987
Herbert Schwind Wagner	Managing director	1 Jan 2002	Other	4519282
Brian Lee Spector	Managing director	1 May 2004	Other	4820515
Reuben Samuels Munger	Managing director	1 May 2004	Other	2786398
Scott Arthur Stone	General counsel/chief compliance officer	1 Jan 2005	Other	1434637
James Francis Mooney	Managing director	1 Jan 2007	Other	2788019
Paul Christopher Gannon	Managing director/chief operating officer	1 Jan 2011	Other	4375953
Elaine Frazer Mann	Managing director/chief administrative officer	1 Jan 2011	Other	5894109
Barbara Rose O'connor	Managing director/chief financial officer	1 Jan 2011	Other	5894117
Joshua Aron Solomon Greenhill	Managing director	1 Jan 2011	Other	3079125
George Nmn Rizk	Managing director	1 Mar 2011	Other	2524379

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Seth Andrew Klarman	Shareholder	1 Apr 1984	50% - 75%	866149
Seth Andrew Klarman	Shareholder	1 Oct 1996	75% - 100%	866149

Based in Boston

The principal office where Baupost Group LLC performs its advisory services is located at 10 St. James Ave. Suite 1700, Boston, MA 02116, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (617) 210-8300 or by fax (617) 451-7333. The normal business hours are 9am - 5pm on Monday - Friday.