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Non-Tech : Signature Group Holdings

ELLH 15.00

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Oct 28 3:26 PM EST

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From: Carey Thompson	10/10/2007 6:12:50 PM
	of 78

There is new interest in Fremont General from a hedge fund. biz.yahoo.com bizjournals.com Hedge fund takes stake in Fremont Wednesday October 10, 4:43 pm ET Fremont General Corp. received a shot in the arm Wednesday as Harbinger Capital Partners disclosed a 9 percent stake in the troubled lender, according to media reports. Harbinger is a hedge fund that specializes in investing in troubled companies. It is run by Philip Falcone. The stake was disclosed via a Schedule 13G filing, under which a company purchases a stake over 5 percent, but still lists itself as a passive investor. The news sent Fremont's stock up 16.49 percent, closing at $4.38 on Wednesday. Santa Monica-based Fremont General Corp. (NYSE: FMT - News) is a financial services holding company. Published October 10, 2007 by Los Angeles Business from bizjournals

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