Hedge Fund Makes $3B From Bet on Wildfire Insurance Claims

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Carrier Management - Aug 25, 2020

Hedge Fund Makes $3B From Bet on Wildfire Insurance Claims 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, ......

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