14 Nov 2011
Saba Capital Management, L.P. has set up UK offices and plans to commence business in the first quarter of 2012, following FSA registration.
The Saba Capital UK branch has been launched as a research centre and sub advisor to the US limited partnership, and will be headed up by former Deutsche Bank Head of Leveraged Finance Trading - Prakash Narayanan.
Throgmorton will provide a full-range of back-office services for the new UK operations, supplying them with accounting, VAT, company secretarial, human resources and health and safety services.
The Saba Capital UK branch has been launched as a research centre and sub advisor to the US limited partnership, and will be headed up by former Deutsche Bank Head of Leveraged Finance Trading - Prakash Narayanan.
“We are excited by the imminent launch of our new offices in London, which not only broadens our global reach but also gives us a base for our European research,” said Carl Casler, Chief Financial Officer of Saba Capital. “We are constantly looking at ways to improve and streamline our operations and appointing Throgmorton is one way to help us achieve this. The benefits they offer increase our in-house resources, while proving to be a cost-effective alternative to running some of the back office functions ourselves.”
Throgmorton will provide a full-range of back-office services for the new UK operations, supplying them with accounting, VAT, company secretarial, human resources and health and safety services.

