(Editor’s note: Recently, a Canadian pension fund, the Public Sector Pension Investment Board (PSP) went public with a lawsuit alleging that hedge fund Saba Capital Management cheated PSP [click here to read], which benefits Canadian Mounties, during a $500 million redemption process. Boaz Ronald Weinstein, the founder, partner, and chief investment officer for Saba Capital,… Read More >>
Canadian Mounties’ Pension Fund Alleges Saba Capital Cheated Them
In a rare move by a pension fund, the Public Sector Pension Investment Board (PSP) is suing Saba Capital Management, alleging that the hedge fund cheated PSP, which benefits Canadian Mounties, during a $500 million redemption process. In response, Boaz Ronald Weinstein, the founder, partner, and chief investment officer for Saba Capital said in a… Read More >>
