Goldman, Blackstone, N.Y. Pension Seek Harbinger Redemptions

Nov 11 2010 | 2:19am ET

Goldman Sachs and the Blackstone Group may redeem their investments in Harbinger Capital Management's flagship after the hedge fund’s founder said he borrowed more than $100 million from another fund to pay his taxes.

Both firms filed redemption notices with the New York-based hedge fund, which has about $9 billion in assets under management.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…