Icahn’s Investment Portfolio Posts Second-Quarter Loss

But the private hedge fund-like portfolio is still in the black for the year.

Carl Icahn (Victor J. Blue/Bloomberg)

Carl Icahn

(Victor J. Blue/Bloomberg)

Carl Icahn’s private hedge fund suffered a 4.8 percent loss in the second quarter. Nevertheless, it remained in the black for the first half of the year, gaining 4.3 percent, according to a regulatory filing.

This compares with a greater than 20 percent loss for the S&P 500 in the first half.

The

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related