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John DeVoy, Former Baupost Director Hired By Loomis Sayles

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John DeVoy, a long time analyst at Seth Klarman's Baupost Group has joimed position at Loomis Sayles. Devoy formerly worked at Loomis before spending close to ten years at the Boston based hedge fund followed by three years at Boston University. The news was announced via a press release from Loomis.  The statement says that DeVoy will be returning to the company "as a dedicated credit strategist for the flagship full discretion team."

Also see Will Baupost Follow Its Own “North Star”

Baupost Group's Seth Klarman Sees '50 Shades of Value'

Devoy was a managing director and later appointed principal sometime around 2008 according to a 2008 letter to investors, before leaving the fund about three years ago.

John DeVoy...

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