Many hedge fund managers have been known to give back to their communities and the world, and some, like Seth Klarman of Baupost, do so through their own foundations. We can get an idea of which hedge funds Klarman trusts the most by looking at where his foundation invests its money. The Klarman Family Foundation also owned some stocks and private equity in several companies as of 2024.
The Klarman Family Foundation targets areas of unmet need, aiming to push forward solutions for them. Describing its areas of giving as “complicated,” the foundation said they require new, creative thinking and persistence. The Klarman Family Foundation’s giving is currently focused on:
- Advancing the understanding of the biological basis of health and illness
- Ensuring a healthy democracy
- Expanding access to vital services and enrichment opportunities
- Supporting the global Jewish community
According to the foundation’s 990-PF filing for 2024, which was filed in November 2025, it had over $1 billion in assets at the end of the year.
Also see: David Abrams’ 17 Favorite Hedge Funds Are in Tune with His Value Investing Roots
But how does the fund invest? It holds a lot of hedge funds, some private equity, venture capital funds, distressed debt, and stocks in pharma companies.



