as truck traffic congestion, highway safety, noise and dust pollution. In November 2012, Highland Companies withdrew the application in response to that concerted community opposition. Post financial crisis of 2007–2008 After the financial crisis of 2007–2008, Baupost Group sought to purchase insurance as a hedge against the value of money declining as a result of government intervention which was a risk researchers at the company were concerned about. To execute this, Baupost Group purchased options for five-year Treasury bonds that would become profitable if Treasury bonds dropped sharply. Company It was reported that in 2004, 42 employees worked at Baupost Group: 12 investment focused and 30 administrative. Assets Baupost Group's assets were $30 million in 1982, and $29.9 billion as of December 31, 2013. Offices Boston (1982) London (2011) Key people Seth Klarman, founder and president Jim Mooney, Managing Director References External links Seth Klarman's Baupost Hedge Fund Loses More Than $150 Million On Gold Miners Baupost hedge fund plans to return some money: sources Complete List of Current Portfolio Holdings Financial services companies established in 1982 Hedge fund firms in Boston Hedge funds American companies established in 1982 Investment management companies of the United States