Latest news with #BoazWeinstein
Bloomberg
30-06-2025
- Business
- Bloomberg
US Supreme Court to Decide on Controlling-Investor Challenges
The US Supreme Court will consider whether activist investors can use an 85-year-old law to challenge corporate moves bolstering controlling shareholders, in a case being closely watched by some of Wall Street's biggest investment funds. In a setback to hedge fund manager Boaz Weinstein, the court agreed to review a decision allowing a lawsuit against closed-end fund provider FS Credit Opportunities Corp. and others, including BlackRock Inc., the world's largest asset manager.
Bloomberg
27-06-2025
- Business
- Bloomberg
Boaz Weinstein on Card Counting, Private Credit and Night Sweats
Boaz Weinstein, founder and chief investment officer of Saba Capital, spoke with Sonali Basak at a blackjack table in Atlantic City. (Source: Bloomberg)
Bloomberg
24-06-2025
- Business
- Bloomberg
What Blackjack Can Teach You About Wall Street
Boaz Weinstein is among those hedge fund managers who use card games to sharpen their abilities. At the tables, he walks the tricky territory between luck and skill—often with big money on the line. Sound familiar? Only Weinstein, 52, takes it a step further. While casinos frown on the perfectly legal skill of card counting, Weinstein shows how the ability to master this incredibly difficult tactic can be an object lesson in finance: To succeed, you need to know the extent of your advantage. On this episode of Bullish with Sonali Basak, he takes Bloomberg Originals to Bally's Atlantic City to show us how it's done—and in doing so, gives a masterclass on why the trading floor and the casino floor aren't all that different.
Yahoo
16-06-2025
- Business
- Yahoo
ASA Gold and Precious Metals Shareholders Vote to Expand the Board and Elect Maryann Bruce as an Independent Director
Saba Capital Thanks Shareholders for Supporting Proposals to Move ASA Forward NEW YORK, June 16, 2025--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba"), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) ("ASA" or the "Fund") with 17.2% ownership of the Fund's outstanding shares, today commented on the outcome of the Fund's Special Meeting of Shareholders (the "Special Meeting") held on June 13, 2025. Based on the preliminary results of the Special Meeting, shareholders voted to expand ASA's Board of Directors (the "Board") to five members and to elect independent candidate Maryann Bruce as the fifth director. Once the results are certified, the five-member Board will be composed of Maryann Bruce, Ketu Desai, William Donovan, Mary Joan Hoene and Paul Kazarian. The Board will serve until the 2025 Annual Meeting of Shareholders, at which time shareholders will vote on the composition of the entire Board. Boaz Weinstein, Founder and Chief Investment Officer of Saba, commented: "ASA shareholders overwhelmingly voted to move ASA forward by returning the Board to five directors and electing independent candidate Maryann Bruce. Maryann's extensive fund management background and deep governance expertise will be an exceptional value-add to the Fund and to all shareholders. We are grateful for shareholders' support and look forward to building on this momentum at the Annual Meeting so that together, we can set ASA on a clear path toward meaningful, long-term value creation." About Saba Capital Saba Capital Management, L.P. is a global alternative asset management firm that seeks to deliver superior risk-adjusted returns for a diverse group of clients. Founded in 2009 by Boaz Weinstein, Saba is a pioneer of credit relative value strategies and capital structure arbitrage. Saba has offices in New York City and London. Learn more at View source version on Contacts Longacre Square PartnersKate Sylvester, 646-386-0091ksylvester@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
16-06-2025
- Business
- Business Wire
ASA Gold and Precious Metals Shareholders Vote to Expand the Board and Elect Maryann Bruce as an Independent Director
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, 'Saba'), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) ('ASA' or the 'Fund') with 17.2% ownership of the Fund's outstanding shares, today commented on the outcome of the Fund's Special Meeting of Shareholders (the 'Special Meeting') held on June 13, 2025. Based on the preliminary results of the Special Meeting, shareholders voted to expand ASA's Board of Directors (the 'Board') to five members and to elect independent candidate Maryann Bruce as the fifth director. Once the results are certified, the five-member Board will be composed of Maryann Bruce, Ketu Desai, William Donovan, Mary Joan Hoene and Paul Kazarian. The Board will serve until the 2025 Annual Meeting of Shareholders, at which time shareholders will vote on the composition of the entire Board. Boaz Weinstein, Founder and Chief Investment Officer of Saba, commented: 'ASA shareholders overwhelmingly voted to move ASA forward by returning the Board to five directors and electing independent candidate Maryann Bruce. Maryann's extensive fund management background and deep governance expertise will be an exceptional value-add to the Fund and to all shareholders. We are grateful for shareholders' support and look forward to building on this momentum at the Annual Meeting so that together, we can set ASA on a clear path toward meaningful, long-term value creation.' About Saba Capital Saba Capital Management, L.P. is a global alternative asset management firm that seeks to deliver superior risk-adjusted returns for a diverse group of clients. Founded in 2009 by Boaz Weinstein, Saba is a pioneer of credit relative value strategies and capital structure arbitrage. Saba has offices in New York City and London. Learn more at
