Saba Launches a SPAC Fund

The firm led by Boaz Weinstein is also poised to take over management of a closed-end mutual fund.

Boaz Weinstein (David Paul Morris/Bloomberg)

Boaz Weinstein

(David Paul Morris/Bloomberg)

Boaz Weinstein’s Saba Capital Management is the latest hedge fund firm to start a SPAC-only hedge fund.

The credit and equity relative value specialist launched Saba Capital SPAC Opportunities Onshore Fund — and an offshore equivalent — on March 8, according to an investor.

The

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