{"id":17090,"date":"2010-08-05T07:15:39","date_gmt":"2010-08-05T11:15:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=17090"},"modified":"2010-08-05T07:15:39","modified_gmt":"2010-08-05T11:15:39","slug":"falcones-wireless-plan-relies-on-hedge-fund-assets","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2010\/falcones-wireless-plan-relies-on-hedge-fund-assets.html","title":{"rendered":"Falcone&#8217;s wireless plan relies on hedge fund assets"},"content":{"rendered":"<p>Reuters &#8211; Money  manager Philip Falcone is effectively mortgaging a significant chunk of  his multibillion-dollar hedge funds&#8217; assets in an effort to raise  financing for an ambitious plan to construct a high-speed wireless  network.<\/p>\n<p>Investment bank UBS,  which is trying to line up investors willing to loan up to $400 million  (252 million pounds) to Falcone&#8217;s satellite-based wireless venture,  recently filed a financing document that reveals Falcone&#8217;s flagship  Harbinger Capital Partners fund is pledging billions of dollars in  stock, bonds, corporate loans and other assets as collateral for the  deal.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/idUSLNE67401420100805\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Money manager Philip Falcone is effectively mortgaging a significant chunk of his multibillion-dollar hedge funds&#8217; assets in an effort to raise financing for an ambitious plan to construct a high-speed wireless network. Investment bank UBS, which is trying [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-17090","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=17090"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17090\/revisions"}],"predecessor-version":[{"id":17091,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17090\/revisions\/17091"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=17090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=17090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=17090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}