Saba, Boaz Weinstein

How much is Weinstein’s UK investment trust salvo costing Saba?
Saba’s minority stakes in UK investment trusts have a total value of $3.8bn, approximately. Leverage of 3x would be unremarkable for a hedge fund, suggesting $1.2bn of equity and $2.6bn of debt.
Hedge fund Saba's Weinstein steps up campaign against UK investment trusts
Saba Capital Management has added more UK investment trusts to its activist campaign and plans to further shake up the sector, the hedge fund's founder Boaz Weinstein told the LSE Alternative Investments Conference on Monday.
Saba's Boaz Weinstein requests meeting with House of Lords member to discuss UK trusts
Saba Capital’s Boaz Weinstein has made a public callout to House of Lords representative Ros Altmann for a meeting regarding UK investment trusts, the founder and CIO’s first public move to engage with a British politician and campaigner amid his company’s activism in the sector.
Investment trusts vote: Saba loses six consecutive votes
Saba Capital, a New York hedge fund that has requisitioned General Meetings at seven UK investment trusts, faces a crucial week as five trusts vote
Boaz Weinstein Starts New Campaign Against Four UK Trusts
Activist hedge fund manager Boaz Weinstein has kicked off a new campaign against four UK investment trusts following a failed attempt to gain control of some funds earlier.
Saba's not done yet! Raider takes aim at four more investment trusts
Boaz Weinstein's firm Saba Capital announced that it will call meetings at the trusts to vote on whether to change their structure.
Abrdn life sciences investors sees $871,708 in stock sales by Saba Capital
Saba Capital Management, L.P., a significant shareholder in abrdn Life Sciences Investors (NYSE:HQL), recently reported the sale of 62,743 shares of common stock, amounting to a total value of ...
portfolio-adviser.com1d
Saba demands second vote at CQS Natural Resources Growth
It wants to create an open-ended version of the trust, despite the board already undergoing a strategic review ...
Middlefield Canadian Income notes Saba's general meeting requisition
Middlefield Canadian Income PCC on Thursday advises shareholders to take "no action at this time", in response to Saba Capital Management LP's requisitioning of a general meeting. The investor focused ...
Saba capital management sells $1.9 million in Nuveen New Jersey fund shares
Saba Capital Management, L.P., a notable stakeholder in Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ), recently executed significant stock sales in the $499.33M market cap fund. The firm ...
Business Wire3d
Saba Capital Announces Intention to Requisition General Meetings at Four U.K.-Listed Trusts to Provide Liquidity for Shareholders Through Open-Ended Fund Transition
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today announced its intention to requisition the Boards of Directors (the ...
Saba Capital requisitions meetings at four trusts on liquidity options
(Alliance News) - Saba Capital Management LP on Monday said it intends to requisition general meetings at four trusts, targeting proposals for liquidity at net asset value and the transition of the ...
FTAdviser10d
‘Saba Capital saga signals time for introspection’
The investment company sector has weathered many storms through its long history, but the recent Saba Capital saga has been more treacherous than most.
Morningstar10d
SABA Announces $0.058 Dividend
Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend ...