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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’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 funds so far have raised more than

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