The Baupost Group, LLC
Mr. Klarman is the CEO and Portfolio Manager of The Baupost Group, L.L.C., which currently manages approximately $28 billion on behalf of individual and institutional clients. He has had primary responsibility for managing the investments of Baupost since the Company was formed in May, 1982. Baupost uses a value discipline with an event-driven bias to find global opportunities in such diverse areas as publicly-traded and private equities, bankrupt and financially-distressed debt, and real estate. Author of “Margin of Safety,”a book that outlines his value investment philosophy, Mr. Klarman was chosen as lead editor for “Security Analysis: Sixth Edition,” published in 2008. He is a 1982 graduate of Harvard Business School, where he was a Baker Scholar, and received his Bachelor of Arts, magna cum laude, in Economics from Cornell University in 1979. Mr. Klarman serves on the Board of Directors of the Broad Institute. He is also Vice Chair of Beth Israel Hospital’s Board of Managers and a member of their Board of Trustees. He is a member of the Board of Dean’s Advisors at HBS, where he has been a senior lecturer on value investing, and was a 2011 recipient of the school’s Alumni Achievement Award. In 2020, he was elected to the American Academy of Arts and Sciences. Mr. Klarman is Chairman of The Klarman Family Foundation.