Icahn Partners

Read About Hedge Funds

Key Facts

Founded2004
HeadquartersNew York
AUM$7.0 billion
AUM as ofMay 30, 2007
StrategiesActivist

Overview

Icahn Partners is a hedge fund based in New York. It was founded in 2004 by Carl Icahn. They hold $7.0 billion in assets under management as of May 30, 2007. Charges 2.5% and 25% (versus the standard 2 and 20 of fees and gains)http://money.cnn.com/magazines/fortune/fortune_archive/2007/06/11/100060832/index.htm

In June 2008 Carl Icahn started a blog to spread his knowledge and opinions as an experienced activist investor. Early posts covered Poison Pills, Staggered Boards, Corporate Board Elections, and Golden Parachutes.
http://www.icahnreport.com/

Articles

11/4/2008 Icahn Shears Stake in Lear by 2/3rds to now just under 5%.

6/11/2007 Carl Icahn: The shrewdest investor on the planet

1/24/2005 Icahn Partners LP falls short of the $3 billion target for a new Hedge Fund

Historical Performance

Returned 24.8% in 2006http://media.ft.com/cms/02fd5a42-f338-11db-9845-000b5df10621.pdf

Articles