Information
Organization's Own Description:
Harbinger Capital Partners is a private investment firm specializing in event/distressed strategies. Founded in 2001 with Philip Falcone as the Chief Investment Officer, Harbinger Capital Partners seeks to invest in alpha-generating ideas that are uncorrelated to investment cycles.
Harbinger seeks investments that typically fall into the following four categories:
Event – investments in companies where the Harbinger team identifies a significant opportunity to actively engage with a company to unlock value;
Distressed/Bankruptcy – investments in companies that are already in default, in bankruptcy, or in some other stage of financial failure or distress;
Value – passive investments in securities where Harbinger believes a positive catalyst for value realization is already present; and
Corporate Shorts – passive investments where Harbinger views the security to be overvalued or believes weakening fundamental trends or identifiable negative catalysts are apparent.
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