Saba
Boaz Weinstein warns of private credit’s “financial alchemy,” says problems are multiplying by the quarter
A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. The problems in private credit are “multiplying by the quarter,” due in part to the […]
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Activist hedge funds circle Blue Owl as private credit’s software jitters grow
Activist hedge fund Saba Capital Management is preparing to swoop down on three Blue Owl Capital private credit funds, two of which recently offloaded some $1 billion of loan assets, as fears grow over software valuations and a broader liquidity squeeze in private markets. Private credit manager Blue Owl’s share price has fallen sharply in […]
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Saba Capital activist investor Boaz Weinstein sees ‘storm brewing’ in UK investment trusts — and has pounced on these two names
Activist investor Boaz Weinstein has unveiled two new bets in the U.K. investment trust space, where he sees a growing number of trading opportunities emerging from discounted valuations. The Saba Capital founder unveiled two new positions at this year’s Sohn London investment conference — Workspace Group and Pantheon Investments — which he said are trading […]
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Activist Boaz Weinstein says BlackRock funds are ‘crushing shareholder rights’
Boaz Weinstein, founder and chief investment officer of Saba Capital Management, during the Bloomberg Invest event in New York, US, on Wednesday, June 7, 2023. Jeenah Moon | Bloomberg | Getty Images Boaz Weinstein, the hedge fund investor on the winning side of JPMorgan Chase’s $6.2 billion, “London Whale” trading loss in 2011, is now […]
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