DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

T•• B•••••• G••••• L•••••

Asset manager (funds and pooled vehicles)Boston, MassachusettsCRD 109530SEC 801-55245websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 30, 2012 · 26 filings
SEC status approved since Jan 2, 1998
RAUM
$25B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
210
45 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
12
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$25B as of Mar 30, 2026
Mar 30, 2012$24B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 30, 20120 then
Employees (5.A)210 as of Mar 30, 2026
Mar 28, 2013200 then
Private funds12 as of Mar 30, 2026
Mar 30, 201212 then
RAUM +4.6% over the last fiscal year-3.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$2.1BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+4.6%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$25B, 12 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$25B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
12reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$25B for 12 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      12 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • A•••••• N•••••••• J••• · Partnercontrol
        since 01/2021 · owns less than 5%
      • B••••••••• T•••••• W•••••• · Partnercontrol
        since 12/2017 · owns less than 5%
      • C•••••• R••••••• G• · Partnercontrol
        since 01/2022 · owns less than 5%
      • C•••••••• G••••••• A••••• · Partnercontrol
        since 12/2017 · owns less than 5%
      • D••••• J••••• A••••• W••••• · Partnercontrol
        since 01/2021 · owns less than 5%
      • D••• R•••• C••• · Partnercontrol
        since 01/2023 · owns less than 5%
      • F••••• F••••••••• H••••• · Partner And General Counselcontrol
        since 12/2017 · owns less than 5%
      • G••••••••• J•••••• A••• S•••••• · Partnercontrol
        since 12/2017 · owns less than 5%
      • K••••••• S•••• A••••• · Partner And Chief Executive Officercontrol
        since 12/2017 · owns less than 5%
      • M•••• E•••••• F••••• · Partner And Chief Operating Officercontrol
        since 12/2017 · owns less than 5%
      • M•••••••• A•••••• J•••• · Partnercontrol
        since 01/2023 · owns less than 5%
      • M•••••• J••••• F•••••• · Partner And Presidentcontrol
        since 12/2017 · owns less than 5%
      • P••••• J••••• J•••• · Partner And Chief Financial Officercontrol
        since 01/2020 · owns less than 5%
      • R•••• G•••••• N•• · Partnercontrol
        since 12/2017 · owns less than 5%
      • S•••••••• M••••••• M••• · Partnercontrol
        since 01/2019 · owns less than 5%
      • K••••••• S•••• A••••• · Trusteecontrol
        since 01/2018 · owns F of T•• S••• A• K•••••• 1••• T••••
      • K••••••• S•••• A••••• · Managing Membercontrol
        since 01/2018 · owns 75% or more of B•••••• G•••• G•• L•••••
      • C••••• J•••• D• · Chief Compliance Officer And Senior Regulatory Counsel
        since 12/2017 · owns less than 5%
      Entity owners
      • B•••••• G•••• G•• L••••• · Non-Member Manager
        direct · owns less than 5%
      • B•••••• G••••• L••• · Member
        direct · owns 75% or more
      • B•••••• G•••• G••• L••••• · General Partner
        indirect · owns F of B•••••• G••••• L•••
      • B•••••• G•••• H•••••••• L••• · L•••••• Partner
        indirect · owns 75% or more of B•••••• G••••• L•••
      • T•• S••• A• K•••••• 1••• T•••• · L•••••• Partner
        indirect · owns 25% to 50% of B•••••• G•••• H•••••••• L•••
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $24B to $25B
        Mar 28, 2025 to Mar 30, 2026
      • Employees · 244 to 210
        Mar 28, 2025 to Mar 30, 2026
      • Discretionary RAUM · $24B to $25B
        Mar 28, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $24B to $25B
        Mar 28, 2025 to Mar 30, 2026
      • RAUM · $24B to $25B
        Mar 28, 2025 to Mar 30, 2026
      • Accounts · 11 to 12
        Feb 21, 2025 to Mar 28, 2025
      • Advisory employees · 60 to 45
        Feb 21, 2025 to Mar 28, 2025
      • Pooled vehicle clients · 11 to 12
        Feb 21, 2025 to Mar 28, 2025
      • Assets in custody · $25B to $24B
        Feb 21, 2025 to Mar 28, 2025
      • Employees · 272 to 244
        Feb 21, 2025 to Mar 28, 2025
      • Financial planning clients · unset to
        Feb 21, 2025 to Mar 28, 2025
      • Discretionary RAUM · $25B to $24B
        Feb 21, 2025 to Mar 28, 2025
      • Pooled vehicle RAUM · $25B to $24B
        Feb 21, 2025 to Mar 28, 2025
      • RAUM · $25B to $24B
        Feb 21, 2025 to Mar 28, 2025
      • Private funds · 11 to 12
        Mar 28, 2024 to Feb 21, 2025
      • Advisory employees · 59 to 60
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $27B to $25B
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 266 to 272
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $27B to $25B
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $27B to $25B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $27B to $25B
        Mar 31, 2023 to Mar 28, 2024
      • Related broker-dealer · false to true
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $32B to $27B
        Mar 29, 2022 to Mar 29, 2023
      • Employees · 265 to 266
        Mar 29, 2022 to Mar 29, 2023
      • Discretionary RAUM · $32B to $27B
        Mar 29, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $32B to $27B
        Mar 29, 2022 to Mar 29, 2023
      • RAUM · $32B to $27B
        Mar 29, 2022 to Mar 29, 2023
      • Advisory employees · 63 to 59
        Jun 28, 2021 to Mar 29, 2022
      • Assets in custody · $32B to $32B
        Jun 28, 2021 to Mar 29, 2022
      • Employees · 275 to 265
        Jun 28, 2021 to Mar 29, 2022
      • Discretionary RAUM · $32B to $32B
        Jun 28, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $32B to $32B
        Jun 28, 2021 to Mar 29, 2022
      • RAUM · $32B to $32B
        Jun 28, 2021 to Mar 29, 2022
      • Advisory employees · 61 to 63
        Mar 30, 2020 to Mar 30, 2021
      • Assets in custody · $30B to $32B
        Mar 30, 2020 to Mar 30, 2021
      • Employees · 269 to 275
        Mar 30, 2020 to Mar 30, 2021
      • Discretionary RAUM · $30B to $32B
        Mar 30, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $30B to $32B
        Mar 30, 2020 to Mar 30, 2021
      • RAUM · $30B to $32B
        Mar 30, 2020 to Mar 30, 2021
      • Advisory employees · 58 to 61
        Mar 29, 2019 to Mar 30, 2020
      Signals
      14 dated events
      • Jianshu Dong (Partner) no longer on Schedule A of T•• B•••••• G••••• L••••• (listed 2023-03-31, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Jeremy David Freibaum (Partner) no longer on Schedule A of T•• B•••••• G••••• L••••• (listed 2023-03-31, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • James Andrew Mcelaney (Partner) appeared on Schedule A of T•• B•••••• G••••• L•••••
        Mar 29, 2023 · Control person joined · fact
      • Coad Ryan Dow (Partner) appeared on Schedule A of T•• B•••••• G••••• L•••••
        Mar 29, 2023 · Control person joined · fact
      • Jeremy David Freibaum (Partner) appeared on Schedule A of T•• B•••••• G••••• L•••••
        Mar 29, 2023 · Control person joined · fact
      • G Richard Carona (Partner) appeared on Schedule A of T•• B•••••• G••••• L•••••
        Mar 29, 2022 · Control person joined · fact
      • Jianshu Dong (Partner) appeared on Schedule A of T•• B•••••• G••••• L•••••
        Mar 29, 2022 · Control person joined · fact
      • Andrew Robert Bralower (Partner) no longer on Schedule A of T•• B•••••• G••••• L••••• (listed 2020-03-30, absent 2021-03-30)
        Mar 30, 2021 · Control person left · inference
      • Andonis Mark Tsocanos (Partner) no longer on Schedule A of T•• B•••••• G••••• L••••• (listed 2020-03-30, absent 2021-03-30)
        Mar 30, 2021 · Control person left · inference
      • Andrew Watson James David (Partner) appeared on Schedule A of T•• B•••••• G••••• L•••••
        Mar 30, 2021 · Control person joined · fact
      • John Nicholas Azrack (Partner) appeared on Schedule A of T•• B•••••• G••••• L•••••
        Mar 30, 2021 · Control person joined · fact
      • Meir Michael Sperling (Partner) appeared on Schedule A of T•• B•••••• G••••• L•••••
        Mar 29, 2019 · Control person joined · fact
      • Rose Barbara O'Connor (Partner) no longer on Schedule A of T•• B•••••• G••••• L••••• (listed 2018-09-07, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • T•• B•••••• G••••• L••••• reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Jan 9, 2018 · Succession (Item 4) · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/the-baupost-groupreportedpublic record, Form ADV, Sep 18, 2026
      Website
      b••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      (617) 210-8300reportedpublic record, Form ADV, Mar 30, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026