Seth Klarman
Billionaire Seth Klarman ’79 Bankrolls Democrats Nationwide
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Klarman Hall’s namesake has a history of spending big on politics. This election cycle, Seth Klarman ’79 donated over $5 million, mostly to Democratic candidates.
political spending
Seth Klarman ’79 Gives Over $3 Million to Democratic Party Since Trump’s Election
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Klarman donated over $7 million over the course of the Obama administration, but said that “by the [2018] election I think I’ll have spent between $18 and $20 million,” in an interview with The Times.
puerto rico
Klarman ’79 Says Puerto Rico Should Repay Its Debts, Johnson Prof Agrees
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Canceling debts “may be well intentioned,” Klarman wrote in his letter, but would be “impractical” as it would undermine the obligation of bond issuers to repay their obligations that support Puerto Rico’s credit markets.
Klarman Hall
Hedge Fund Run by Seth Klarman ’79 Owns Nearly $1 Billion in Puerto Rican Debt
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Klarman manages The Baupost Group, a hedge fund in Boston, which owns $911.6 million in bonds issued by Puerto Rico, the group confirmed to media outlets.