Baupost Group, the hedge fund run by Seth Klarman, received more than $3 billion in July from its bet on insurance claims against PG&E Corp. connected to a series of deadly California wildfires, according to people with knowledge of the matter. The payout yielded Baupost’s biggest profit generator last month and represented a sizable markup… Continue reading Hedge Fund Baupost Collects $3 Billion Wagering on PG&E’s Wildfire Claims
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