Harbinger Capital Partners LLC is a privately owned hedge fund, founded by 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, 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 Harbinger Capital Partners LLC: Philip Falcone; Omar Asali; Peter Jenson (COO)
Entities related to Harbinger Capital Partners LLC: Harbinger Capital Partners Master Fund; Harbinger Capital Credit Distressed BlueLine Fund; Harbinger Capital Partners Special Situations Fund LP; Harbert Management Corporation*
Citing a lack of evidence and a misinterpretation of legitimate practices, Philip Falcone filed for a dismal of the SEC’s charges against him and his...
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The latest Top 100 U.S. Equity Hedge Fund list has been released, revealing that the top 100 hedge funds oversee a combined $548 billion in assets under...
In an accord that could boost the fortunes of both companies, LightSquared, Inc and Sprint Nextel Corp. have agreed to join forces to challenge AT&T and...
Investment firm Harbinger Capital Partners LLC saw its assets shrink nearly 30 percent in 2010 and faces additional redemptions of up to $1 billion. Bloomberg...
Phil Falcone made a risky bet when he invested half of Harbinger Capital's $6 billion of capital into LightSquared, a startup telecom company. LightSquared...
Lawrence M. Clark Jr. has left Philip Falcone’s Harbinger Capital Partners and plans to open his own event-driven focused hedge fund management firm....
