AltMountain

Baupost Value Partners LP 1

Boston, MA · CIK 1118329 · Managed by The Baupost Group, L.L.C.

Baupost Value Partners LP 1 is a hedge fund based in Boston, Massachusetts. According to its most recent Form D, filed Apr 6, 2026, the fund has sold $1,011,659,408 of interests to 36 investors since its first sale in Jun 2000. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jason Price; Seth Klarman; Andy McElaney.

Performance

13F estimate · public data only

No verified returns have been reported for this fund. As a rough guide, The Baupost Group, L.L.C., which manages it, disclosed U.S. stock holdings that returned an estimated +4.8% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +21.3% (S&P 500: +37.2%).

This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.

Is this your fund? Report your monthly returns · How performance works

Total raised
$1,011,659,408Cumulative sales reported on Form D
Investors
36
First sale
Jun 9, 2000
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Jason Price; Seth Klarman; Andy McElaney
Latest Form D
Apr 6, 2026

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Baupost Value Partners LP 1

What is the minimum investment for Baupost Value Partners LP 1?

Baupost Value Partners LP 1's latest Form D, filed Apr 6, 2026, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Baupost Value Partners LP 1?

Baupost Value Partners LP 1 is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Baupost Value Partners LP 1 raised?

Baupost Value Partners LP 1 reports $1,011,659,408 sold from 36 investors on its Form D filed Apr 6, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is Baupost Value Partners LP 1 based?

Baupost Value Partners LP 1 is based in Boston, Massachusetts and is managed by The Baupost Group, L.L.C..

When did Baupost Value Partners LP 1 launch?

Baupost Value Partners LP 1 reports its first sale in Jun 2000.

Size compared with every hedge fund

Raised more than 82% of the 474 hedge funds based in Massachusetts, and more than 90% of all 10,308 that report sales.

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