Dec 22 2010 | 11:48am ET
Harbinger Capital Management’s new permanent capital vehicle has found itself the target of litigious, unhappy investors.
Alan Kahn, an investor in Harbinger Group, has sued the acquisitions company over Harbinger’s plan to transfer its stake in Spectrum Brands Holdings. Under that plan, Harbinger Harbinger Group is “vastly overpaying” for the stake, Kahn alleges.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…