{"id":20654,"date":"2011-02-17T08:27:27","date_gmt":"2011-02-17T12:27:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=20654"},"modified":"2011-02-17T14:58:56","modified_gmt":"2011-02-17T19:58:56","slug":"falcones-harbinger-lost-19-5-in-illiquid-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2011\/falcones-harbinger-lost-19-5-in-illiquid-fund.html","title":{"rendered":"Falcone&#8217;s Harbinger Lost 19.5% in Illiquid Fund"},"content":{"rendered":"<p>Bloomberg &#8211; Harbinger Capital Partners LLC, the hedge-fund run by billionaire Philip A. Falcone, lost 19.5 percent last year in a pool of hard-to-sell assets that it\u2019s divesting, according to a letter sent to investors this week.<\/p>\n<p>Falcone also told clients in a separate letter this week that the so-called side-pocket would be paying $45 million to settle a civil suit involving Spectrum Brands Holdings Inc., one of the companies in the pool, said an investor who asked not to be named because the fund is private.<\/p>\n<p><strong><a href=\"http:\/\/www.businessweek.com\/news\/2011-02-16\/falcone-s-harbinger-lost-19-5-in-illiquid-fund.html\" target=\"_blank\">Read Complete Article <\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Harbinger Capital Partners LLC, the hedge-fund run by billionaire Philip A. Falcone, lost 19.5 percent last year in a pool of hard-to-sell assets that it\u2019s divesting, according to a letter sent to investors this week. Falcone also told [&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-20654","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20654","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=20654"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20654\/revisions"}],"predecessor-version":[{"id":20656,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20654\/revisions\/20656"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=20654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=20654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=20654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}