Icahn Enterprises LP is a diversified investment firm founded by billionaire investor Carl Icahn. The company was established in 1987 and is based in New York City, United States. It operates as a master limited partnership (MLP) and is publicly traded on the Nasdaq Stock Market under the ticker symbol "IEP."
Icahn Enterprises engages in various investment activities across different industries. Its primary focus is on making strategic investments in companies with the potential for value creation. The company typically takes significant ownership stakes in the companies it invests in and seeks to actively influence their operations and management to unlock shareholder value.
Through its subsidiaries and affiliated entities, Icahn Enterprises has investments in diverse sectors such as energy, automotive, real estate, gaming, transportation, and industrial manufacturing. The company's portfolio includes companies like CVR Energy, PSC Metals, and Tropicana Entertainment, among others.
In addition to its investment activities, Icahn Enterprises also operates various operating businesses. These businesses include investment management, automotive, and home fashion segments. The investment management segment focuses on managing the assets of the company and its affiliated entities.
As a prominent player in the investment and business world, Icahn Enterprises leverages the expertise and experience of its founder, Carl Icahn, to identify opportunities for value creation and long-term growth. The company's investment philosophy revolves around active ownership, value enhancement, and capital allocation strategies, aiming to generate attractive returns for its investors.