Baupost Group LLC (Boston)

May 2024 · 2 minute read

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



Indirect Owners

The SEC currently registers 2 indirect owners.

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.

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