Friday, 30 January 2015
Last updated 2 hours ago
Mar 19 2013 | 12:45pm ET
Harbinger Capital Management's listed permanent capital vehicle is getting into the lingerie business.
Harbinger Group has invested $10 million in risqué lingerie retailer Frederick's of Hollywood. In exchange, it has been given an option to take control of the company by appointing a majority to its board of directors.
Frederick's has been struggling with poor sales at its 118 stores.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…