Trend Results : Boaz Weinstein


Blog Post Results (1-20 of 56)

FILTER RESULTS

Hedge Fund Saba Capital Calls Redemption Lawsuit A Malicious Attack, Denies Impropriety

"We will not settle this suit for 1 cent,” Saba Capital's Boaz Weinstein says after filing a motion to dismiss a pension fund's lawsuit alleging it mis-marked positions during a $500 million redemption.

Dealbook Column: The Perils of Forcing a Sale of Illiquid Assets

The case of the hedge fund manager Boaz Weinstein has elicited warnings of a panic that could lead to the next financial crisis.

Boaz Weinstein's fund is being sued on the charge of 'manipulating the value' of its assets

One of Canada's largest pension boards is suing Saba Capital, the hedge fund run by credit trader Boaz Weinstein, for allegedly "manipulating the value" of their investments in a fund. The Public Sector Pension Investment Board h ad $500 million in the Saba Offshore Feeder Fund, making it the fund's largest investor. Show More Summary

Boaz Weinstein's fund is being sued for 'manipulating the value' of its assets

One of Canada's largest pension boards is suing Saba Capital, the hedge fund run by credit trader Boaz Weinstein, for allegedly "manipulating the value" of their investments in a fund. The Public Sector Pension Investment Board (PSP Investments) h ad $500 million in the Saba Offshore Feeder Fund, making it the fund's largest investor. Show More Summary

Canadian Pension Fund Says It Was Cheated By Boaz Weinstein's Saba Capital

The Public Sector Pension Investment board, a pension fund for the Royal Canadian Mounted Police is accusing Boaz Weinstein's Saba Capital of incorrectly marking assets as it sought to redeem a $500 million investment in the hedge fund earlier this year.

Pension Fund For Canada's Mounties Says Saba Capital Mismarket Assets During Redemption

The Public Sector Pension Investment board, a pension fund for the Royal Canadian Mounted Police is accusing Boaz Weinstein's Saba Capital of incorrectly marking assets as it sought to redeem a $500 million investment in the hedge fund earlier this year.

Hedge Fund News: Daniel Och, Jim Chanos, Boaz Weinstein

Hedge Fund Och-Ziff Said to Lose Four London-Based Employees (Bloomberg) Four employees of Daniel Och’s Och-Ziff Capital Management Group (OZM) have left the hedge fund’s London office over the past week, two people with knowledge of the matter said. Antonio Batista, Jason Marino, Marco Minoli and Filipe Bergana have departed the firm, one person said, […]

Hedge Fund News: Crispin Odey, Michael Hintze & Boaz Weinstein

October Shorts Undo Gains for Crispin Odey’s Hedge Fund (WSJ) Crispin Odey, one of the best-known hedge fund managers in Europe, has seen returns at his flagship €1.8 billion ($2.3 billion) hedge fund fall by more than 10% this year, after fresh losses in October undid the gains of late summer. According to the U.K. […]

Hedge Fund News: Nelson Peltz, Boaz Weinstein & Tiger Global Management LLC

Break up Du Pont: Trian Fund (GantDaily) In a letter sent to DuPont’s Board of Directors, Trian Fund Management LP urged that DuPont be split up in order to be more competitive. The hedge fund established by billionaire Nelson Peltz, lauded the recent efforts of the company to shed non-core businesses, but said more needs […]

Write-Offs: 07.11.14

$$$ Investors Pull Assets from Boaz Weinstein Saba Capital Hedge Fund [WSJ] $$$ What’s next for CYNK traders and promoters? [CNBC] $$$ Since its June 25 release, Kim Kardashian: Hollywood has risen as high as second among most-downloaded free-to-play games at Apple Inc. Show More Summary

Funds Roundup: Pension Showboating in Jersey; the World’s Worst Pitchbook

A linkfest of the best reading in fund investing: How to craft the world’s worst pitchbook. — Josh Friedlander, Absolute Return Investors pull nearly 20% of their money from Boaz Weinstein’s main fund. — Rob Copeland, Wall Street Journal The mess in Puerto Rico drives the biggest week of muni-fund outflows since January. — Hilary [...]

Hedge Fund News: Warren Buffett, Boaz Weinstein & Two Sigma Advisors

Why Buffett is betting on energy stocks again (Yahoo) Warren Buffett has been a big believer in and buyer of U.S. energy-indirectly. When it comes to direct investments in energy stocks, though, Buffett-famous for using an elephant-gun analogy to describe his hunt for acquisitions-has been notably gun-shy. Some recent bets on big oil and gas […]

Boaz Weinstein Is Having Another Losing Year

Saba Capital, the hedge fund run by legendary credit trader Boaz Weinstein, is on track for another down year so far. The fund is down 2.9% through the end of June, Bloomberg News reports citing an investor letter. According to the report, Saba's assets under management have fallen to $2.6 billion due to redemptions. Show More Summary

Saba Capital Significantly Boosts Its Stakes in Managed High Yield Plus Fund Inc. (HYF) and Two Other Funds

In a couple of filings Boaz Weinstein’s Saba Capital, revealed that it has boosted its stake in Managed High Yield Plus Fund Inc. (NYSE:HYF), Western Asset Managed High Income Fund Inc. (NYSE:MHY) and Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO). Saba Capital initiated a position in these companies in the third quarter of […]

Boaz Weinstein and Reservoir Capital Back ex-Deutsche Bank Trader’s New Fund

Boaz Weinstein, the high-profile former Deutsche Bank prop trader, and Dan Stern’s $6bn alternatives firm Reservoir Capital, are backing a new credit hedge fund firm led by a one-time protégé of Weinstein.

Copyright © 2015 Regator, LLC