Klarman's Baupost fund posts 2015 losses due to energy firms
January 29, 2016 at 18:41 PM EST
NEW YORK/BOSTON, Jan 29 (Reuters) - Billionaire investor Seth Klarman, whose Baupost Group hedge fund ranks among the world's largest and most admired, told clients he lost money last year, in part because bets on energy companies failed to pay off.