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The Baupost Group is a hedge fund [3] founded in 1982 by William Poorvu and partners Howard Stevenson, Jordan Baruch and Isaac Auerbach. Seth Klarman, who was asked by Poorvu to help run the fund, remains at its head today. [4] Baupost Group's investment philosophy emphasizes risk management and is long-only.
Seth Andrew Klarman (born May 21, 1957) [1] [2] is an American billionaire investor, hedge fund manager, and author. He is a proponent of value investing.He is the chief executive and portfolio manager of the Baupost Group, a Boston-based private investment partnership he founded in 1982.
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Poorvu is the co-founder, chairman, and co-chair of the advisory board of the hedge fund The Baupost Group, [4] currently led by Seth Klarman with $29.4 billion AUM in 2012. . He is a member of the Carnegie Corporation Investment Committee and a former member of the Yale University Investment Committee and of the Yale University Counc
Keryx (KERX) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
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In response to the criticism of their allowing their advertising partners to manipulate the review listing, Yelp ceased its "featured review" practice in 2010. [124] Several lawsuits have been filed against Yelp accusing it of extorting businesses into buying advertising products. Each has been dismissed by a judge before reaching trial. [95]
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