{"url":"https://nivawealth.com/firms/the-baupost-group-109530","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/109530","regulatoryAum":24681434252,"crd":"109530","secFileNumber":"801-55245","legalName":"The Baupost Group, L.L.C.","displayName":"The Baupost Group","website":null,"linkedinUrl":"https://www.linkedin.com/company/the-baupost-group/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"10 ST. James Ave. Suite 1700","city":"Boston","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02116"},"tradeNames":[],"registration":{"secApproved":"2 January 1998","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":210,"advisory":45,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":24681434252,"discretionaryAccounts":12,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":12,"regulatoryAum":24681434252}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"The Baupost Group has custody of $24.68B for 12 clients.","otherCustodians":[],"leadership":[{"name":"Seth Klarman","title":"Partner and Chief Executive Officer","crd":"866149"},{"name":"James Mooney","title":"Partner and President","crd":"2788019"},{"name":"Jason Price","title":"Partner and Chief Financial Officer","crd":"7013444"},{"name":"Elaine Mann","title":"Partner and Chief Operating Officer","crd":"5894109"},{"name":"Anna Marchek","title":"Chief Compliance Officer","crd":"6009856"},{"name":"Nicholas Azrack","title":"Partner","crd":"7351749"},{"name":"Thomas Blumenthal","title":"Partner","crd":"1059137"},{"name":"Richard Carona","title":"Partner","crd":"4206279"},{"name":"James David","title":"Partner","crd":"5004680"},{"name":"Ryan Dow","title":"Partner","crd":"5002934"},{"name":"Frederick Fogel","title":"Partner and General Counsel","crd":"6028380"},{"name":"Joshua Greenhill","title":"Partner","crd":"3079125"},{"name":"Andrew McElaney","title":"Partner","crd":"7717562"},{"name":"Michael Sperling","title":"Partner","crd":"5609673"}],"ownership":[{"label":"Baupost Group, L.P.","detail":"Member in the 75% or more ownership band and a control person, since January 2018."},{"label":"Baupost Group Holdings, L.P.","detail":"Indirect owner: a limited partner of Baupost Group, L.P. in the 75% or more band and a control person, since January 2018.","parent":"Baupost Group, L.P."},{"label":"Baupost Group GP2, L.L.C.","detail":"Indirect owner: general partner of Baupost Group, L.P. and a control person, since January 2018.","parent":"Baupost Group, L.P."},{"label":"Seth Klarman","detail":"Indirect owner: a managing member of Baupost Group GP, L.L.C. in the 75% or more band and a control person, since January 2018. Also trustee of The Seth A. Klarman 1986 Trust and a control person, since January 2018.","parent":"Baupost Group GP, L.L.C."},{"label":"The Seth A. Klarman 1986 Trust","detail":"Indirect owner: a limited partner of Baupost Group Holdings, L.P. in the 25% to 50% band and a control person, since January 2018.","parent":"Baupost Group Holdings, L.P."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"Massachusetts","offices":1,"addresses":[{"street":"10 ST. James Ave. Suite 1700","city":"Boston","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"617-210-8300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":12},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/109530/PDF/109530.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does The Baupost Group have?","answer":"The Baupost Group has 12 clients and manages $24.7 billion for them, as of March 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does The Baupost Group offer?","answer":"The Baupost Group provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does The Baupost Group have?","answer":"The Baupost Group has 0 investment adviser representatives registered with state securities authorities, out of 210 employees, and 45 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns The Baupost Group?","answer":"The Baupost Group is owned through a chain of holding companies by the Seth A. Klarman 1986 Trust. Its direct owners are Baupost Group, L.P. (75% or more) and Seth Klarman (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does The Baupost Group get paid?","answer":"The Baupost Group is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}