Monday, 27 April 2015
Last updated 6 hours ago
Nov 14 2011 | 7:28am ET
Saba Capital Management, the $4.7 billion hedge fund set-up by pioneering credit derivatives trader Boaz Weinstein, has hired Throgmorton to provide back-office services for its new UK operations. Saba Capital’s UK office is currently awaiting FSA registration and should begin business in Q1 2012.
Throgmorton, one of the UK’s largest independent back office service providers to the hedge fund, private equity and corporate finance industries, will supply Saba Capital’s UK companies with accounting, VAT, company secretarial, human resources and health and safety services.
The Saba Capital UK branch has been launched as a research centre and sub advisor to the U.S. limited partnership, and will be headed by former Deutsche Bank head of leveraged finance trading, Prakash Narayanan.
Weinstein worked at Deutsche Bank from 1998 to 2009, at which point he left to launch Saba Capital, taking 11 members of his trading team with him.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…