{"id":18980,"date":"2010-11-19T07:25:59","date_gmt":"2010-11-19T11:25:59","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=18980"},"modified":"2010-11-19T07:25:59","modified_gmt":"2010-11-19T11:25:59","slug":"falcone-looks-to-public-markets-to-finance-investments-after-redemptions","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2010\/falcone-looks-to-public-markets-to-finance-investments-after-redemptions.html","title":{"rendered":"Falcone Looks to Public Markets to Finance Investments After Redemptions"},"content":{"rendered":"<p>Bloomberg &#8211; Philip Falcone, the hedge-fund manager under fire from clients for tying up their cash in a wireless network and other hard-to-sell assets, plans to help finance such bets in the future by selling stock and bonds through a publicly traded shell company.<\/p>\n<p>Harbinger Group Inc., a onetime oil driller that Falcone\u2019s hedge funds took over last year, raised $350 million this week by selling five-year debt at a yield to maturity of 11 percent. Falcone plans to use the company\u2019s cash and ability to issue stock to buy controlling stakes in industries from agriculture to telecommunications, according to a filing this month.<\/p>\n<p><strong><a href=\"http:\/\/www.bloomberg.com\/news\/2010-11-19\/falcone-looks-to-public-markets-to-finance-investments-after-redemptions.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Philip Falcone, the hedge-fund manager under fire from clients for tying up their cash in a wireless network and other hard-to-sell assets, plans to help finance such bets in the future by selling stock and bonds through a [&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-18980","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18980","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=18980"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18980\/revisions"}],"predecessor-version":[{"id":18981,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18980\/revisions\/18981"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=18980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=18980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=18980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}