Saba Marketing Chief Out

Feb 1 2011 | 5:13am ET

Just in time for the firm to launch its latest hedge fund, Saba Capital Management has lost its head marketer.

David Dwyer, a managing director who also oversaw investor relations at the New York firm, left on Jan. 14, Pensions & Investments reports. Dwyer’s departure was due to personal reasons, a spokesman for the firm said.

His duties have been taken over by other employees at Saba.

Dwyer worked at Saba, founded by former Deutsche Bank credit trader Boaz Weinstein, for less than a year, joining the firm in March. Since then, the firm’s assets under management have more than tripled to $2.4 billion.

Before joining Saba, Dwyer worked at Renaissance Technologies and Putnam Investments.


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