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Ex-Harbinger Exec. Admits Wrongdoing On Falcone Loan

Jul 29 2014 | 2:35pm ET

Harbinger Capital Partners’ former chief operating officer has settled Securities and Exchange Commission fraud allegations, closing the book on a case that cost firm founder Philip Falcone the right to run a hedge fund.

Peter Jenson agreed to pay $200,000 and admitted wrongdoing for helping Falcone take a $113 million loan from Harbinger hedge funds to pay his tax bill. The loan was not disclosed to investors.

 

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Hedge Fund Ban Hasn't Stopped This Billionaire From Reaping Big Profits

Jul 30 2014 | 6:27am ET

Even after shutting down SAC Capital Advisors LP, Steven A. Cohen is still beating most hedge funds.

Hedge Fund Lakewood Bets On Tetragon ‘Greed’

Jul 30 2014 | 6:17am ET

Anthony Bozza is counting on the greed of a debt investor almost left for dead in the financial crisis to make money for his hedge fund.

Carl Icahn’s Family Dollar Payday Not Bad For Six Weeks Of Work

Jul 29 2014 | 2:33pm ET

Less than two months after he began agitating for a sale, discount retailer Family Dollar obliged Carl Icahn, earning the billionaire another $174.3 million.

Darden Offers Olive Branch Amidst Bruising Hedge Fund Battle

Jul 29 2014 | 9:24am ET

Having completed a deal that they so bitterly opposed, Darden Restaurants yesterday moved to mollify the hedge funds seeking to take control of the company.

Herbalife Misses Estimates For First Time Since ‘08

Jul 29 2014 | 9:23am ET

Pershing Square Capital Management’s William Ackman couldn’t put a dent in Herbalife’s share price, but the end of the company’s earnings streak did.

Elliott Doesn’t Block Asian Bank Deal

Jul 29 2014 | 9:20am ET

In the end, Elliott Management did not stand in the way of a major Asian banking merger.

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In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv and has 360,000 researcher/analysts. If you're picturing the HR nightmare this would entail, relax: those thousands of researchers and analysts aren't actual employees of the firm.

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David Yarrow (left)David Yarrow (left)
 
 

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    Jul 8 2014 | 10:48am ET

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