"After more than eight years working beside Philip A. Falcone, the embattled hedge manager of Harbinger Capital Partners, Lawrence Clark, a top investment manager at the firm, confirmed on Monday that he had left to start his own fund. Mr. Clark, 39, plans to start an event-driven hedge fund focused on metals, mining, food and agriculture, areas that he covered as a senior analyst when he reported directly to Mr. Falcone.....It’s about ....striking out on my own,” Mr. Clark said, noting that he remained on the board of Mr. Falcone’s public company, the Harbinger Group."
http://dealbook.nytimes.com/2011/01/10/top-harbinger-official-leaves-to-start-own-firm/
[see "Harbinger" within epgtlo's internal search engine for more information]
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