Saba Capital Sued by Largest Investor PSP Investments

Posted on 09/28/2015

Hedge fund Saba Capital Management LP, run by former Deutsche Bank star proprietary trader Boaz Weinstein, is facing a lawsuit from its largest institutional investor. The investor alleges they were shortchanged by Saba Capital mismarking bond holdings before returning their once-US$ 500 million investment. PSP Investments allocated US$ 300 million to the Saba Offshore Feeder […]