Saba Capital Management a $4.4 billion hedge fund focused on credit relative value strategies, based in New York City. Mr. Weinstein founded Saba in 2009 as a lift-out of the Deutsche Bank proprietary credit trading group he started in 1998. At Saba, Mr. Weinstein leads a team of 42 professionals, with the senior members having worked together for more than a decade. In 2021, Risk.net named Saba Capital Management Hedge Fund of the Year. In 2022, HFM US Performance Awards named Saba: winner Credit – Relative Value fund over $500mm.
Previously, Mr. Weinstein worked at Deutsche Bank for eleven years, the last eight years as Managing Director (a title he achieved at age 27). Throughout his career at Deutsche Bank, Mr. Weinstein had dual responsibility for proprietary trading and market making. In 2008, Mr. Weinstein was promoted to Co-Head of Global Credit Trading, overseeing a group of 650 investment professionals. He was also a member of the Global Markets Executive Committee.
Mr. Weinstein graduated from the University of Michigan, Ann Arbor, with a BA in Philosophy. He achieved the title of National Master in chess at age 16.