Business

Weinstein's Saba Capital to raise new fund, sources say

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Boaz Weinstein's Saba Capital plans to expand ​its investment activities in ‌public and private business development companies, a type of closed-end fund ​that invests in small ​to mid-sized private companies in distressed ⁠businesses, with a new ​investment vehicle, sources familiar with ​the plans told Reuters.

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