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Harbinger Capital Partners
HARBINGER CAPITAL PARTNERS LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2012. The firm manages approximately $134 million in...
Harbinger Capital Partners
HARBINGER CAPITAL PARTNERS LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2012. The firm manages approximately $134 million in regulatory assets. It has 1 employee and 1 investment adviser.
General information
Firm type
Asset Manager
Year founded
2001
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Sector focus
Frequently asked questions
Who runs investment decisions at Harbinger Capital Partners?
Philip Falcone is the founder and chief investment officer. He personally manages the portfolio, operating primarily as a family office. No other named investment professionals are publicly listed.
How did Harbinger's LightSquared bet affect the firm?
LightSquared consumed billions in capital and was the firm's largest concentration. When the FCC blocked its spectrum deployment, the company entered bankruptcy. The loss significantly reduced assets under management and led Falcone to convert Harbinger from a hedge fund to a family office.
Is Harbinger Capital Partners still open to outside investors?
No. After Falcone's SEC settlement and LightSquared's bankruptcy, the firm returned most outside capital and now operates as a family office managing Falcone's personal wealth (per SEC filings and public record).
What investment stages does Harbinger typically target?
Historically, Harbinger focused on event-driven equity, distressed debt, and special-situations investing. The current family office portfolio likely includes similar concentrated positions, but specific allocations are not public.
Where does Falcone's underlying wealth come from?
Philip Falcone built his wealth through his career as a credit trader at Barclays and later as the founder and manager of Harbinger. The firm's profits from distressed-debt bets during the 2008 financial crisis generated a multi-billion dollar fortune.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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