Hedge Funds People moves

Saba hires Talpion attorney

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Bob Simonds will serve as general counsel and CCO at Boaz Weinstein’s $5 billion credit shop.

   
   Boaz Weinstein
Talpion Fund Management lead lawyer Bob Simonds will join Boaz Weinstein’s Saba Capital Management as general counsel and chief compliance officer later this month.

Highbridge Capital Management co-founder Henry Swieca decided in December to turn Talpion from a hedge fund back into a family office. Simonds was Talpion’s general counsel and CCO since July 2010.

Talpion’s decision to return outside capital has already produced at least one offshoot. Will Graves, Talpion’s technology, media and telecommunications senior portfolio manager, is preparing to launch his own long/short TMT fund in the second quarter, Boardman Bay Capital Management.

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