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Saba Capital Management

sabacapital.com

Founded Year

2009

About Saba Capital Management

Saba Capital Management is an Investment Adviser launched in 2009. Saba is a spin-out of Saba Principal Strategies, founded by Boaz Weinstein at Deutsche Bank in 1998.

Headquarters Location

405 Lexington Avenue 58th Floor

New York, New York, 10174,

United States

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Latest Saba Capital Management News

Saba Capital Management Ups Clearbridge Stake Ahead of Board Challenge

Nov 22, 2022

Nasdaq By Fintel Fintel reports that Saba Capital Management, L.P. has filed a 13D/A form with the SEC disclosing ownership of 832,115 shares of ClearBridge Energy MLP Fund Inc. (CEM). This represents 6.18% of the company. In their previous filing dated October 26, 2022, they reported 682,553 shares and 5.07% of the company, an increase in shares of 21.91% and an increase in total ownership of 1.11% (calculated as current - previous percent ownership). AD AD In theprevious filing, the company unveiled a proxy fight. It said, On October 24, 2022, Saba Capital Master Fund, Ltd., a private fund advised by Saba Capital, submitted to the Issuer a notice informing the Issuer of its intention to nominate two independent director candidates, Paul Kazarian and Pierre Weinstein, for election to the Board at the Issuer's 2023 annual meeting of stockholders.

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Saba Capital Management Frequently Asked Questions (FAQ)

  • When was Saba Capital Management founded?

    Saba Capital Management was founded in 2009.

  • Where is Saba Capital Management's headquarters?

    Saba Capital Management's headquarters is located at 405 Lexington Avenue, New York.

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