Weinstein ‘Buying Pessimism’ With Discount Private Fund Bids
Saba Capital Management's Boaz Weinstein began offering investors quick cash for their stakes in such vehicles run by Blue Owl Capital. Now he's making the same proposal to backers of a Starwood Capital Group real estate fund that has severely curtailed withdrawals for nearly two years. Loukia Gyftopoulou, Bloomberg reporter, joins Dani Burger on "Bloomberg Deals" to discuss the deal. (Source: Bloomberg)