Hedge Fund Baupost Reported to Hold $1 Billion in PG&E Insurance Claims

Article 0 Comments Seth Klarman’s Baupost Group has been the poster child of the hedge fund industry’s ill-timed stock-market bets on the troubled utility PG&E Corp., which announced plans for bankruptcy. It turns out, though, that Baupost’s stock purchases, valued at $873 million at the end of September, are just […]