Saba Capital Management, L.P., founded in August 2009, is a hedge fund firm focused on credit relative value strategies. The company also employs strategies in tail hedge and closed-end funds. Saba was established by Boaz Weinstein as a continuation of his work with Deutsche Bank's proprietary trading group, Saba Principal Strategies, which he founded in 1998. The firm, which operates privately within the investment management industry, has built a reputation for its expertise in managing credit and tail risk strategies