767 5th Avenue, 47th Floor
New York, NY 10153
Icahn Capital LP is a privately owned family office. In 2011, Icahn returned all fee paying capital to investors. As of his 13F from December 31, 2014, Icahn reported managing $31.90 billion across 22 different positions.
Carl Icahn is an American billionaire financier, corporate raider and private equity investor. In 2009, Forbes estimated his net worth to be $9 billion and is in an eight way tie for the 43rd richest man in the world. Icahn obtained an A.B. in Philosophy from Princeton University in 1957 and dropped out of the New York University School of Medicine. His career on Wall Street began in 1961 and in 1968 he formed Icahn & Co., a securities firm that focused on risk arbitrage and options trading. In 1978 he began seizing control of positions in individual companies including: RJR Nabisco, TWA, Texaco, Phillips Petroleum, Western Union, Gulf & Western, Vicacom, Uniroyal, Dan River, Marshall Field, E-II (Culligan and Samsonite), American Can, USX, Marvel Comics, Revlon, Imclone, Federal-Mogul, Fairmont Hotels, Kerr-McGee, Time Warner and Motorola.
Metropolitan Capital Advisors
Sandell Asset Management
Eastborrne Capital Management
Carl Icahn is the quintessential activist and has been extremely successful in both his return on investment and attaining his activist goals. He is very passionate about shareholder rights and good corporate governance and will go to extreme lengths to fight incompetent boards and over compensated managers. He has even formed the United Shareholders of America to assist in this battle. However, his most successful activist maneuvers have been orchestrating acquisitions or joint ventures in some of his larger positions, such as BEA Systems, ImClone and Medimmune. In March of 2011 he returned all outside money to investors and now manages only his own capital, in excess of $5 billion.