Earlier this week, Phil Falcone notified investors in his Credit Distressed BlueLine Fund, in advance of a previously announced April 2012 wind-up. Today, he sent out a letter notifying investors in Harbinger Capital Fund I, Harbinger Capital Partners Offshore Fund I, Harbinger Capital Partners Fund II, and Harbinger Capital Partner Offshore Fund II that they should “anticipate” having redemptions frozen as well, on account of the Well Notice received by the SEC. Happy Holidays. [WSJ]
Wells Notices
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Tags: Harbinger Capital Partners, Hedge Funds, Phil Falcone, redemptions or lack thereof, Wells Notices, Wilbur Falcone, Wilbur is going to be out of there by midnight...not fucking implicating him in this shit
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