Icahn Hedge Fund To Return Client Money

Mar 8 2011 | 11:51am ET

Legendary activist investor Carl Icahn said his Icahn Capital, which began taking third-party money just six years ago, will return all of it next month.

"After careful consideration of all relevant factors, we have determined to return all fee-paying capital to investors," he wrote in a letter filed with the Securities and Exchange Commission today.


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