The UK watchdog has proposed new rules to tighten investment trust regulations, aiming to close loopholes that were reportedly exposed by Saba Capital and make it harder for activist investors to control listed closed-end companies.

Saba Capital's tender offer for shares in Blue Owl and Starwood private credit funds found little investor appetite, as investors showed disinterest in obtaining liquidity at a steep discount amidst elevated redemptions in the private-credit sector.

Saba Capital's substantial $93.8 million investment is seen as a signal of potential underlying issues or strategic moves concerning BSTZ.

Saba Capital and Cox Capital say their tender offer for Blue Owl fund shares offer a "liquidity solution" for retail investors.

Boaz Weinstein's hedge fund, Saba Capital, has successfully taken control of a UK investment fund following a high-profile dispute involving SpaceX.

Offer from Saba Capital to buy shares of private credit fund at 65 cents on the dollar fails to attract sellers

Hedge fund Saba Capital is offering a steep discount for shares in a Starwood real estate fund, which had previously limited investor redemptions with a 20% haircut.

A weekly financial summary highlights gains for big banks and Coinbase, while Blue Owl experiences declines.

Several investment trusts and companies, including Invesco, Neuberger Berman, iRadimed, Magna International, and Federal REIT, have announced their latest dividend payouts to shareholders. These declarations cover various amounts and funds.

Weinstein's Saba Capital is reportedly planning to raise $1 billion to acquire souring private credit funds.

Investec has stated that Saba Capital's desire for control risks overshadowing any positive impact, according to a recent report.