David Dwyer, managing director and head of marketing and investor relations at credit hedge fund specialist Saba Capital Management, left the company on Jan. 14 for personal reasons, confirmed Jonathan Gasthalter, a spokesman.
He joined Saba in March 2010 when assets totaled $700 million; at press time Monday, Saba managed $2.4 billion, Mr. Gasthalter said.
Prior to joining Saba Capital, Mr. Dwyer was a managing director in the marketing department of multistrategy hedge fund manager Renaissance Technologies. He left in May 2009. Mr. Dwyer also had been a managing director at Putnam Investments.
Mr. Dwyer’s duties at Saba Capital have been assumed by other employees, Mr. Gasthalter said.
Mr. Dwyer could not be reached for comment about his plans.