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Officials of the Public Sector Pension Investment Board (PSP) are alleging that hedge fund Saba Capital Management manipulated values to its benefit during a redemption.
In a rare move by a pension fund, the Public Sector Pension Investment Board (PSP) is suing Saba Capital Management, alleging that the hedge fund cheated PSP, which benefits Canadian Mounties, during a $500 million redemption process. In response, Boaz Ronald Weinstein, the founder, partner, and chief investment officer for Saba Capital said in a...
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