Each of the director candidates shares a deep commitment to improving shareholder returns and putting shareholders' interests above their own.
We have proposed to replace each Trust’s Board with new, highly qualified director candidates who possess the skillsets and mix of experience necessary to unlock greater value for shareholders and address the long-term structural issues that have hamstrung the Trusts’ return potential under current leadership.
MEET THE DIRECTOR CANDIDATES:
Mr. Kazarian is the Principal Executive Officer of Saba’s publicly traded investment trusts, leads Saba’s investment trust and exchange-traded fund strategy and products, and has extensive experience as an investment trust director.
Partner and Closed-End Fund Portfolio Manager at Saba.
Serves on the Board of Trustees of various publicly traded trusts.
Mr. Loughlin is an investment and exchange-traded fund expert with nearly three decades of experience on the buy- and sell-side of the sector.
Director of Closed-End Fund and Exchange-Traded Fund Trading Solutions at WallachBeth Capital, a leading provider of institutional execution services.
Former Head of Non-Standard Arbitrage at Société Générale in London, where he spent 13 years, and Head of U.S. Closed-End Fund Sales at Canaccord Genuity.
Mr. Zucker is a seasoned investment manager and former lawyer with 13 years of experience in the investment and finance industries.
Principal of JOAD Investments, a private investment firm, since 2011.
Former Assistant District Attorney at The Bronx County District Attorney’s Office in New York City.
Mr. Hirsch is an investment expert with experience serving on the Board of Directors of several investment funds and a formerly publicly traded U.K. company.
Founder and Former Managing Partner of Seneca Capital Investments, a value-oriented, event-driven investment partnership.
Serves on the Board of Directors for several funds managed by Greenlight Capital and an affiliate of Cerberus Capital Management, and previously served on the Board of Directors of Smith New Court PLC, Britain’s largest independent stockbroker until its sale to Merrill Lynch.
Mr. Reeves is a wealth management industry veteran, with more than 25 years of investment experience, specializing in advising high-net-worth individuals and families.
Managing Partner at Pasadena Private Financial Group, a private wealth advisory firm catering to affluent families and their businesses. Former Member of the American Stock Exchange and CBOE making markets in stock options.
Currently on the investment committee of the Catalyst Fund, an early-stage venture fund led by the Alliance for SoCal Innovation. Previously served on the Board of Directors of Saddleback Memorial Foundation, one of southern California’s leading hospital chains, helping manage their endowment.
Mr. Weinstein is a leading hedge fund manager overseeing $5.5 billion in assets at Saba Capital, one of the world’s single-largest investors in investment trusts with a track record of pursuing changes that create long-term value for shareholders.
Founder and Chief Investment Officer of Saba, which was named "Hedge Fund of the Year" by Risk.net and two-time "Activist Hedge Fund Manager of the Year" by Institutional Investor.
Former Co-Head of Global Credit Trading at Deutsche Bank, where he had dual responsibility for proprietary trading and market making.
Ms. Khasidy is a legal professional and former business consultant based in London who has experience advising clients on growth strategy, operational optimization, due diligence processes, banking and finance arrangements, M&A activity and investor relations.
Former Director at Pantechnicon Capital LLC, an alternative investment manager, and former Executive Director at Caerus Group, a real estate investment and development company.
Former U.S. Capital Markets Associate at Clifford Chance LLP, an international law firm where she specialized in advising and managing disclosure requirements and complex execution mechanics for cross-border transactions.
Mr. Trenkow is a former finance and banking executive with 20 years of experience at Wall Street’s top banking institutions.
Founder and Managing Partner of DynamiCOO, where he serves as an on-demand Chief Operating Officer for companies of various sizes.
Former Head of Finance Structural Reform and Transformation at Barclays, and Former Chief Operating Officer of Goldman Sachs Asset Management in Asia.
Mr. Karabelas has 25 years of experience in fixed income investments, including overseeing the development, implementation and operation of credit products for a global bank’s institutional investor client base.
Head of US Institutional Sales at MUFG since 2019.
Former Partner and President of Kildonan Castle Asset Management, an opportunistic credit alternative asset management firm.
Shareholders deserve an investment that provides reliable returns, Boards that advocate for their best interests and managers that are focused on delivering enhanced value.
