Baupost takes minority stake in Cacique

Boston-based firm The Baupost Group has purchased a minority stake in Hispanic foods company Cacique LLC.

The deal comes as the demand for Hispanic foods is exploding nationwide, according to Cacique.

“The de Cardenas family has built an exceptional business committed to producing the highest-quality authentic products, said Baupost’s Tom Blumenthal. “We couldn't be more excited to be partnering with them and the Cacique management team to continue the company's leadership and growth across the Hispanic foods category."

As for $29 billion Baupost this investment is illustrative of . . .

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