Seth Klarman

President of The Baupost Group, L.L.C

Mr. Klarman is the President of The Baupost Group, L.L.C., which currently manages approximately $16.5 billion on behalf of institutional and individual clients. He has been with the Company since its founding in 1982.

Author of Margin of Safety, a book that outlines his value investment philosophy, Mr. Klarman was chosen as lead editor for the recently-published Security Analysis Sixth Edition and has been featured in a variety of investment industry publications. 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 is National Chairman of Facing History and Ourselves, a teacher training organization, and 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 member of the Alumni Board. He also serves as Chairman of the Board of Directors for The David Project, as well as on several other not-for-profit  boards.