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Saba Capital builds stake in Unite Group amid activist campaign speculation

The Times report says the position raised expectations that Saba Capital could pursue another activist push at the London-listed student accommodation provider.

Reported · Written up by our desk · Fund Industry

Activist hedge fund Saba Capital Management has built a significant economic interest in Unite Group, a UK student accommodation provider, according to a report cited by Hedgeweek. The outlet said the stake is already raising the prospect of another activism campaign targeting the London-listed company.

Hedgeweek linked the development to speculation around Saba Capital and Boaz Weinstein, noting that additional pressure on Unite Group is possible if the firm chooses to escalate its efforts.

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