SABA CAPITAL MANAGEMENT, L.P.

RIASEC RegisteredEst. 2010
Total AUM
$18.3B
Discretionary
$18.3B
100% of AUM
Avg account
$446M
Accounts
41
Employees
67
Advisory reps
8

Firm details

Headquarters
New York, New York
CRD number
154362
Registered since
August 6, 2010
Custodians
TD BANK, MORGAN STANLEY & CO. LLC, GOLDMAN SACHS & CO. LLC, THE BANK OF NEW YORK MELLON, J.P. MORGAN SECURITIES INC., BARCLAYS BANK PLC
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Pooled Investment Vehicles84.26%
  • Investment Companies8.27%
  • Other Investment Advisers4.42%
  • State / Municipal Government2.5%
  • Pension & Profit Sharing Plans0.55%
Services
Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Saba Capital Management, L.P. is a limited partnership hedge fund that has been SEC-registered since 2010 and serves institutional clients. The firm charges management fees based on a percentage of assets under management plus performance-based fees, and it conducts activities consistent with CPO/CTA operations. Advisory work includes portfolio management for registered investment companies and pooled investment vehicles, and the firm also functions in sponsor/GP and managing-member roles for pooled vehicles. Saba does not identify as an active ESG investor and operates with affiliated advisory entities.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Derivatives 46%, Public Funds/Mutual Funds 44%, Cash & Cash Equivalents 9%, Non-Investment Grade Corp Bonds 1%46%
  • Derivatives46%
  • Public Funds/Mutual Funds44%
  • Cash & Cash Equivalents9%
  • Non-Investment Grade Corp Bonds1%

Owners & executives

3 of 4
  • MICHAEL D ANGELO

    Partner, Chief Operating Officer & General CounselCRD 5202591

  • NITIN SAPRU

    Partner & Chief Financial OfficerCRD 4609491

  • BOAZ WEINSTEIN

    Founder and Chief Investment OfficerCRD 2642143

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Contacts

3 of 4
  • PAUL KAZARIAN

    Portfolio ManagerCRD 5197298

  • ANDREW KELLERMAN

    Partner, PresidentCRD 2269259

  • KIERAN GOODWIN

    AdvisorCRD 2170535

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 4

Active vs passive

$122M in ETFs

Passive

35%

$42.5M

Active

0%

$79.2M

ETFProviderStyleCategoryValueShares% of portfolio
BLUEROCK PRIVATE REAL ESTATE FUND (BPRE)$79.2M4,766,11365.08%

Location

Primary office

New York, NY

NEW YORK

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
NEW YORK
Address
405 Lexington Ave
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth