Harbinger Capital Partners

Read About Hedge Funds

Key Facts

Websitehttp://www.harbingercapital.com
HeadquartersBirmingham, AL
Employees18
AUM$1.7 billion
AUM as ofMarch 24, 2017
StrategiesCredit, Distressed, Emerging Market, Multi Strategy, Relative Value
Clients30

Overview

Harbinger Capital Partners is a hedge fund based in Birmingham, AL. It was founded in 03/2012. They hold $1.7 billion in assets under management as of March 24, 2017. Read their Plain English Brochure. In addition to numerous hedge funds, Harbert oversees Private Equity and Real Estate investments

16th largest hedge fund in Institutional Investor's 2008 Hedge Fund 100, up from 94th in 2007http://www.iimagazine.com/Rankings/rankingsHeFu100RGlobal08.aspx?LS=EMS204396


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Harbinger Capital Partners http://www.harbert.net/distressed-event-special-situations/

Along with Firebrand Partners own 19% of NY Times Class A shares as of 3/3/2008http://dealbook.blogs.nytimes.com/2008/03/03/hegde-fund-nominates-slate-for-new-york-times-board/

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Emerging Markets http://www.harbert.net/emerging-markets/


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Capital Structure and Convertible Arbitrage http://www.harbert.net/capital-structure-convertible-arbitrage/


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Merger Arbitrage and Event Driven http://www.harbert.net/merger-arbitrage-event-driven/


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Value Fund http://www.harbert.net/value-fund/



Articles

8/22/2008 [http://www.reuters.com/article/industryNews/idUSN2130045720080821 Harbinger ups Cablevision stake to 8.1 percent] They had been building their stake since June, they are now the 4th larges shareholder.

8/21/2008 [http://dealbook.blogs.nytimes.com/2008/08/21/harbinger-bets-big-on-rise-in-times-co-stock/ Harbinger Bets Big on Rise in Times Co. Stock] by entering equity swaps on 1.7 million shares at strikes between $12.755 and $13.90.

8/18/2008 [http://www.nypost.com/seven/08162008/business/dolans_drop_a_dime_per_share_124689.htm Cablevision pays a 10 cent / share dividend] and rumor is Harbinger's presence may have had something to do with it

4/25/2008 [http://dealbook.blogs.nytimes.com/2008/04/25/harbinger-wins-poxy-battle-at-media-general/ Harbinger Wins Proxy Battle at Media General]

3/3/2008 [http://dealbook.blogs.nytimes.com/2008/03/03/hegde-fund-nominates-slate-for-new-york-times-board/ Harbinger Capital Nominates Slate for New York Times Board]

12/31/2007 [http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-21968548.htm Harbinger increases stake in Leap Wireless to 15%]

Sub Funds and Performance

NameAUM (bn) Type Min Investment Num Clients Internal $ % Fund of Funds $ % Prime Brokers
Credit Distressed Blue Line Master Fund, Ltd. 0.095 hedge fund 5,000,000 47 7.0 47.0 Goldman
Global Opportunities Breakaway Ltd. 0.042 hedge fund 5,000,000 3 12.0
Harbinger Capital Partners Master Fund I, Ltd. 1.114 hedge fund 5,000,000 848 35.0 20.0 Goldman
Harbinger Capital Partners Special Situations Fund, L.P. 0.429 hedge fund 5,000,000 227 5.0 40.0 Goldman
Harbinger China Dragon Intermediate Fund L.P. 0.000 hedge fund 5,000,000 5 5.0
Harbinger Dedicated Investor Intermediate Fund L.P. 0.017 hedge fund 5,000,000 2

Historical Performance

2007 Returns
Harbinger Capital Parterners Offshore Fund I ($11.7 billion): 116.06%
Harbinger Capital Parterners Special Situations Offshore Fund ($2.4 billion): 170.24%
Harbinger Capital Parterners Fund I ($2.4 billion): 114.13%
Harbinger Capital Parterners Special Situations Fund ($1.5 billion): 170.38%

Key People

NameTitlePositionOwnership
Philip FalconeSenior Managing Director, Ceo, Chief Investment Officer, President, Treasurer And Member Of Harbinger Capital Partners Llc Owner or OfficerNone
Philip FalconeNone Indirect Owner> 75%
Philip FalconeNone Indirect Owner> 75%
Philip FalconeNone Indirect Owner> 75%
Philip FalconeSenior Managing Director, Ceo, Cio, President, Treasurer And Limited Partner Of Harbinger Capital Partners Ii Lp Owner or Officer> 75%
Keith HladekChief Financial Officer Of Harbinger Capital Partners Ii Lp Owner or OfficerNone
Keith HladekChief Operating Officer, Chief Compliance Officer And Chief Financial Officer Of Harbinger Capital Partners Llc Owner or OfficerNone