Skip to main content

Baupost, GLG, Highbridge Outed As Weinstein Investors

And, since they were outed in a bankruptcy filing, also Weinstein losers.
  • Author:
  • Updated:

The messy end of The Weinstein Company has already produced two awkward letters from the hedge fund world. Both of them, as it happens, come from Paul Tudor Jones, who first wrote to Harvey Weinstein to reassure the alleged serial sexual predator that he still loved him and that the whole thing, which now likely includes a perp walk for rape charges, “will go away sooner than you think and it will be forgotten.” The second was a letter to his employees, assuring them that he knew “Harvey’s actions were horribly wrong,” and that he had no intention of following in his friend’s footsteps as a boss.


Jones’ missives may make the most uncomfortable reading, but they will not be the last. For now that TWC’s last hopes for salvation outside of bankruptcy have come to naught, the full list of its equity shareholders has come to light, and includes a fair few hedge funds which now have some explaining to do to investors.

Maverick Capital, run by Lee Ainslie, and Highbridge, founded by Glenn Dubin, bought a small share of the firm. Both men sat on the board of anti-poverty charity Robin Hood Foundation with Harvey Weinstein. London-based GLG Partners also purchased shares. Eton Park, a hedge fund run by Goldman alum Eric Mindich, bought more than 4 percent of the company. In all, Goldman raised $490 million, more than expected.

Seth Klarman’s Baupost ended up with a 1.4 percent stake in the Weinstein firm in 2011 when it bought a portfolio of private investments that included the production company, according to a person familiar with the firm.

Weinstein Co. Burns Funds From Baupost to Highbridge [Bloomberg]



Paul Tudor Jones Inexplicably Wrote An Email To Ensure That History Will Remember Him As Harvey Weinstein's Most Ardent Enabler

PTJ told Harvey that this was all going to pass quickly, which explains Tudor's recent Macro Fund performance.


Serial Backer Of Alleged Sexual Predators Bails Out Weinstein Co.

Tom Barrack is always there to lend a hand, with a check in it.

(Getty Images)

Seth Klarman Is The Literary Equivalent Of Paul Tudor Jones

Neither wants you to see what they were up to 30 years ago, in any form.


Harvey Weinstein Wants To Get Paid

Either Harv gets his or no one does. (It’s the latter.)

trump walter reed

Hedge Funds Still Not Sold On Trump’s Fantasy Fascist Facebook

All it takes to get billionaires to reject a guaranteed return is an association with the most odious man on the planet.