Billionaire hedge fund manager Seth Klarman reportedly ripped President Trump Donald John TrumpBubba Wallace to be driver of Michael Jordan, Denny Hamlin NASCAR team Graham: GOP will confirm Trump's Supreme Court nominee before the election Southwest Airlines, unions call for six-month extension of government aid MORE at an investment conference last week, calling Trump “a threat to democracy.”

Klarman, the CEO of Baupost Group and a frequent donor to Republican political campaigns, made the remarks at the Robin Hood Investment Conference last week, according to New York Magazine. The magazine obtained an audio recording of Klarman’s comments blasting Trump.

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“The president is a threat to democracy. He has attacked journalists and he’s threatening to take away NBC’s license,” Klarman said, according to the magazine. “He’s attacking judges. He’s violating all sorts of democratic norms, from the emoluments clause to questioning the election and threatening to lock up his opponent.”

“The country is getting divided, whether it’s immigrants, whether it’s transgender people, whether it’s blacks, whether it’s Mexicans,” he continued. “It’s awful.”

Klarman has previously been a critic of Trump. In August 2016, Klarman said Trump was “completely unqualified” to be president and pledged to help then-Democratic presidential nominee Hillary Clinton Hillary Diane Rodham ClintonJoe Biden looks to expand election battleground into Trump country Biden leads Trump by 12 points among Catholic voters: poll The Hill's Campaign Report: Biden goes on offense MORE get elected.

"His words and actions over the last several days are so shockingly unacceptable in our diverse and democratic society that it is simply unthinkable that Donald Trump could become our president," Klarman said at the time.

Klarman is registered as an independent but has largely given to Republicans in the past, according to Reuters. He has donated to political action committees this election cycle that backed the GOP candidates Jeb Bush, New Jersey Gov. Chris Christie and Florida Sen. Marco Rubio Marco Antonio RubioMurky TikTok deal raises questions about China's role Sunday shows preview: Justice Ginsburg dies, sparking partisan battle over vacancy before election Florida senators pushing to keep Daylight Savings Time during pandemic MORE.

He has also given some donations to Democratic campaigns, including to Sens. Cory Booker Cory Anthony BookerBipartisan praise pours in after Ginsburg's death DHS opens probe into allegations at Georgia ICE facility Democratic lawmakers call for an investigation into allegations of medical neglect at Georgia ICE facility MORE (N.J.) and Mark Warner Mark Robert WarnerIntelligence chief says Congress will get some in-person election security briefings Overnight Defense: Trump hosts Israel, UAE, Bahrain for historic signing l Air Force reveals it secretly built and flew new fighter jet l Coronavirus creates delay in Pentagon research for alternative to 'forever chemicals' House approves bill to secure internet-connected federal devices against cyber threats MORE (Va.). In June 2016, he gave $5,400 to Clinton's presidential campaign, according to the Boston Globe.