Phil Falcone’s Harbinger Capital is Making Coin on Distressed Credit Trading
| September 15th, 2010 | ||
| Contributed by: Teri Buhl | ||
| Contrary to a recent Reuters article, Phil Falcone’s hedge fund Harbinger Capital is apparently having a good year. Harbinger’s Blue Line, a credit fund that invest in distressed debt of companies Falcone’s eyed as having valuable assets that the market just can’t see yet, is logging a positive 9 percent return through August. HFN’s Distressed Fund Index says the average ytd return for this sector is 6.6 percent. For more coverage, please see the source below. | ||
See Source | ||
For Detailed Investor Profiles on these Investors, click below: |
Harbinger Capital Partners LLC |
Related People: Omar Asali;
Related Entities: Harbert Management Corporation*;
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Resources and Featured Partner News
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1 Comments
by jill on April 30th, 2012
I really like the ideas behind this investment. You are able to get so much from this. I see a great future from this investment. custom engagement rings Toronto
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