HRG Group (Harbinger Capital Partners) - Investor Profile
555 Madison Avenue
Total AUM ($MM):
Equity AUM ($MM):
New York, NY 10022
Hedge Fund Manager
Institutional Investor Background
HRG Group (Harbinger Capital Partners) is a privately owned hedge fund, founded by former Chairman Philip Falcone in 2001. Before founding Harbinger, Mr. Falcone was the Head of High Yield trading for Barclay's Capital. The firm focuses on investment opportunities that arise from restructurings, liquidations, event-driven situations, turnarounds, and capital structure arbitrage.
Until being split-off in 2009, HRG Group / Harbinger Capital was a subsidiary of Alabama-based Harbert Management Corporation. In 2008, the firm announced it would be moving to separate offices from its parent, although Harbinger would continue to receive back-office, legal and compliance support from Harbert.
The firm's hedge funds include the Harbinger Capital Partners Master Fund and Harbinger Capital Partners Special Situations Fund LP.
Investor Regional and/or Country Focus: Europe, Global, North America
Founders and Key Executives of HRG Group (Harbinger Capital Partners): Philip Falcone*; Omar Asali (CEO); Peter Jenson (COO)
Entities related to HRG Group (Harbinger Capital Partners): HRG Capital; Harbinger Capital Partners Master Fund; Harbinger Capital Credit Distressed BlueLine Fund; Harbinger Capital Partners Special Situations Fund LP; Harbert Management Corporation*