Harbinger looks to raise more assets, seeks business development chief

Mon Jun 2, 2008

Phil Falcone's Harbinger Capital Partners, whose assets quadrupled to $18 billion last year, is continuing to raise capital and is looking to hire a business development chief, a new role, to help in that endeavor.

While some investors redeemed earlier this year, the huge asset growth hasn't crimped returns. The firm's flagship event-driven and distressed fund (offshore), which rose 116.06% in 2007, was up 24.5% again through May 22. The firm now manages...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to AR.


Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI