AltMountain

Saba E Fund LLC

New York, NY · CIK 1622388
Status: no Form D since Feb 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Saba E Fund LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Feb 6, 2020, the fund has sold $154,148,384 of interests to 16 investors since its first sale in Oct 2014. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Boaz Weinstein; Saba Capital Management, L.P; Saba Capital LLC.

Performance

No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

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Total raised
$154,148,384Cumulative sales reported on Form D
Investors
16
First sale
Oct 1, 2014
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Boaz Weinstein; Saba Capital Management, L.P; Saba Capital LLC
Latest Form D
Feb 6, 2020

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Saba E Fund LLC

What is the minimum investment for Saba E Fund LLC?

Saba E Fund LLC's latest Form D, filed Feb 6, 2020, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Saba E Fund LLC?

Saba E Fund LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Saba E Fund LLC raised?

Saba E Fund LLC reports $154,148,384 sold from 16 investors on its Form D filed Feb 6, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Saba E Fund LLC based?

Saba E Fund LLC is based in New York, New York.

When did Saba E Fund LLC launch?

Saba E Fund LLC reports its first sale in Oct 2014.

Size compared with every hedge fund

Raised more than 61% of the 2,522 hedge funds based in New York, and more than 65% of all 10,119 that report sales.

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