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PG&E’s equipment is thought to have been involved in igniting or intensifying many of the wildfires in its service area last year
Hedge Funds Jump Into California Utilities, and Some Get Hurt
published Nov 16, 2018, 10:24:14 AM, by Miles Weiss (Bloomberg) — PG&E Corp., the California utility beset by potential costs tied to state wildfires, attracted investments from some of the nation’s best-known hedge funds just before its share price swooned. Baupost Group, the Boston-based hedge fund run by Seth Klarman,