Tag Archives: harbinger


Harbinger Capital, SAC Capital and Crestwood Advisors add Industry Veterans

Hedgetracker – In this week’s hedge fund hire report, we look at firms that have recently added industry veterans to their teams. The investment firms covered in this report include: Harbinger Capital, SAC Capital Advisors and Crestwood Advisors. First off […]

Talk of Harbinger stake in African Minerals

Telegraph.co.uk – The chatter was that Harbinger, a powerful US hedge fund run by Philip Falcone, has built a small stake in African Minerals and has been talking to London brokers in recent days about picking up more stock. Harbinger […]

Harbinger Capital Takes Position in Zapata

Seeking Alpha – In a 13D filing with the SEC, Harbinger Capital Partners has revealed a new position in Zapata Corporation due to activity on June 17th, 2009. This is a brand new position for the hedge fund and it […]

Third competitor files to take over Asarco

Daily Territorial – A third offer to take copper miner Asarco out of Chapter 11 was filed last week in U.S. Bankruptcy Court in Corpus Christi, Texas, by New York City-based hedge-fund manager Harbinger Capital Partners. The $500 million reorganization […]

David Geffen loses bid for stake in New York Times

PerthNow – Mr Geffen tried to acquire a 19 per cent stake in the New York Times Company that was held by Harbinger Capital Partners, the activist hedge fund, but was rebuffed, it emerged overnight. Since 1896, the newspaper has […]

Geffen offered to buy NY Times stake: source

Reuters – Media mogul David Geffen tried to buy a stake in the New York Times Co from hedge fund Harbinger Capital Partners, but was rejected, a source with knowledge of the matter said on Monday. Geffen offered to buy […]

US hedge fund Harbinger swings to gains

Reuters – Hedge fund firm Harbinger Capital Partners LLC swung into the black with investors saying the flagship fund gained between 6 and 8 percent in the first quarter. That is good news for the New York-based firm, run by […]

Falcone Starts Fund as Harbinger Client Money Remains Locked Up

Bloomberg – Philip Falcone, who runs the $7 billion Harbinger Capital Partners LLC, is starting a hedge fund that draws on his background in distressed securities, even as investors are locked into his biggest fund. The Credit Distressed Blue Line […]

Hedge fund takes HSBC short position

Reuters – U.S. hedge fund Harbinger Capital is the first company to declare a short position in HSBC following the bank’s record rights issue, after making millions from a similar tactic with UK bank HBOS last year. Harbinger said in […]

U.S. hedge fund takes HSBC short

International Herald Tribune – U.S. hedge fund Harbinger Capital is the first company to declare a short position in HSBC following the bank’s record rights issue, after making millions from a similar tactic with UK bank HBOS last year. Harbinger said […]

China buys into Australian iron ore miner

TopNews – Fortescue Metals Group Ltd said Tuesday that Chinese steel maker Hunan Valin Iron and Steel will pay 558 million Australian dollars (357 million US dollars) for a 16.5-per-cent stake in the Australian iron ore miner. Under what’s known as […]

Harbinger Continues Cablevision Sell-off

Multichannel Online – Harbinger Capital, the hedge fund that caused a stir last year when it began buying large blocks of Cablevision Systems shares, continued a sell-off of the stock that began earlier this year, reducing its holdings in the […]