Weinstein’s Saba Launches Proxy Fights with Three Clough Funds

June 28, 2017   Stephen Taub


The credit specialist’s closed-end fund strategy continues to post strong gains. Now he’s turning up the heat on the Boston-based firm to implement changes in three of its mutual funds.

Clough Capital Partners is clearly in the cross-hairs of Saba Capital Management, the hedge fund firm headed by Boaz Weinstein. On Monday, Saba launched proxy fights with three separate closed-end mutual funds marketed by Clough, a Boston-based investment firm. In …

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