Our Firm

¹ Assets under management as of July 1, 2025.

² The following awards are for Saba Capital Management, L.P., (“Saba”) as investment manager, or one or more of its advised funds. Any awards described here may not be specific to this particular fund. The 21^stAnnual Hedge Fund Industry Award: 2024 Activist Hedge Fund Manager of the Year is open to hedge funds whose strategy relies primarily on activist investments. Fund strategies that qualify in this category include but are not limited to activist and event-driven instruments. Saba submitted information related to 2023 investment returns, performance track record, risk management, stability of investment team, as well as portfolio management. Winners for the 2024 Institutional Investor Awards were announced on May 1, 2024. More information on the 2024 Institutional Investor Awards and a full list of the winners are available here: https://www.institutionalinvestor.com/article/2d6anafxgowqfj0jskbnk/culture/here-are-the-winners-of-the-21st-annual-hedge-fund-industry-awards. The 20^th Annual Hedge Fund Industry Awards: Credit – Focused Hedge Fund Manager of the Year (the “Credit Fund Award”) is open to hedge funds whose strategy relies primarily on credit investments. Fund strategies that qualify in this category include but are not limited to distressed debt, asset-based lending, emerging markets debt, and long-short credit. 2023 Activist Hedge Fund Manager of the Year (the “Activist Award,” and together with the Credit Fund Award, the “2023 Institutional Investor Awards”) is open to hedge funds whose strategy relies primarily on activist investments. Fund strategies that qualify in this category include but are not limited to activist and event-driven instruments. Saba submitted information related to 2022 investment returns, performance track record, risk management, stability of investment team, as well as portfolio management. Winners for the 2023 Institutional Investor Awards were announced on May 11, 2023. More information on the 2023 Institutional Investor Awards and a full list of the winners are available here: https://www.institutionalinvestor.com/article/b8ynqlgnjb6y8q/Here-Are-the-Winners-of-the-20th-Annual-Hedge-Fund-Industry-Awards. The Hedgeweek and Private Equity Wire US Credit Awards 2023: Best Credit Hedge Fund – Over $500 Million “recognizes excellence in fund performance and service provider excellence across credit funds” with over $500 million in assets undermanagement. Voting for the awards was done via an online poll that allowed participants to choose among shortlisted firms in each category. Pre-selection data for the award was provided by Bloomberg and was based on annualized returns over the 12 months from May 31, 2021 to May 31, 2022. In order to be considered for selection, the fund manager was required to report performance data to Bloomberg. Winners for the Hedgeweek and Private Equity Wire US Credit Awards 2023 were announced on June 22, 2023. More information on the Hedgeweek and Private Equity Wire US Credit Awards 2023 and a full list of the winners is available here: https://awards.privateequitywire.co.uk/us-credit-awards. HFM US Quant Performance Awards 2022: The HFM US Quant Performance Awards is open to all quant and CTA funds based in North America. Saba submitted fund performance data for Saba Capital Carry Neutral Tail Hedge Master Fund, Ltd. for the last three year period ending September 2021 for consideration in the “Tail Risk” category.  Eligible funds had to satisfy criteria such as base of operation in North America, monthly data submitted for their USD share class, submission of assets under management, and a 3-year performance track record. Winners were announced on February 2, 2022. More information on the awards and a full list of the winners is available here: https://awards.withintelligence.com/pastwinners/en/page/us-quant. Alt Credit Fund Intelligence U.S Performance Awards: Recognized and honored credit funds, CLO, and private debt funds within North America that demonstrated "exceptional growth and high Sharpe ratio” in 2020. Saba submitted fund performance data for Saba Capital Master Fund, Ltd. for the 12 month period ending June 2020 for consideration in the “Multi-strategy Credit Fund” category. The judging panel included industry experts who evaluated quantitative and qualitative factors including pedigree of the managers, structural criteria, and reputation with investors. The judges considered performance data for each submission over a 12 month period ending June 2020. More information on the awards and a full list of the winners are available here: https://www.hfmconnect.global/posts/alt-credit-us-performance-awards-2020-winners-announced. HFM US Performance Awards 2022 and 2020: The HFM US Performance Awards are open to all US hedge fund, fund of funds, and CTA firms. Saba submitted fund performance data for Saba Capital Master Fund, Ltd. for the last three year period ending June 2022 and June 2020, respectively, for consideration in the “Credit – Relative Value Over $500m” category and “Credit over $1b” category. Eligible funds had to satisfy criteria such as base of operation in North America, monthly data submitted for their USD share class, submission of assets under management, and a 3-year performance track record. Winners were announced on October 18, 2022 and November 5, 2020, respectively. More information on the awards and a full list of the winners is available here: https://awards.withintelligence.com/pastwinners/en/page/hfm-us-performance-awards.Risk Awards 2021: The Risk Awards 2021 were selected by the editors and journalists of Risk.net, who evaluated managers based on quantitative (e.g. performance) and qualitative factors (e.g. sophistication and effectiveness of a firm’s risk management, adjustment to new technology, and unusual market conditions). As part of their due diligence process, the Risk.net editorial team conducted calls with existing investors. The three-part evaluation criteria can be found here: https://www.riskawards.com/judging-process. Some nominations include an associated awards ceremony for which Saba compensates the award provider to attend the ceremony (e.g. dinner ceremony). These awards do not constitute an endorsement by the award provider and do not express an opinion or view on Saba’s ability to perform its duties as an investment adviser. Ratings are in no way indicative of an adviser’s future performance, which may vary. Saba did not pay any fees for consideration for these awards. Awards listed above are based on factors including, but not limited to, investment returns and assets under management, as provided by Saba or its investors. Awards may be judged by a panel of industry executives or through a more general voting process. For each award's specific selection criteria, see the corresponding firm's website. The information provided herein does not constitute an offer or solicitation regarding any investment products or services offered by Saba. Please refer to the Confidential Offering Memorandum of Saba Capital Partners, L.P. and the Confidential Offering Memorandum of Saba Capital Carry Neutral Tail Hedge Partners, L.P. for a more complete understanding of the investment strategies and corresponding risk factors.