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Iridian Asset Management
Iridian Asset Management is an SEC-registered investment adviser in Westport, CT, established in 1995. The firm manages $280 million in assets.
Iridian Asset Management
Iridian Asset Management is an SEC-registered investment adviser in Westport, CT, established in 1995. The firm manages $280 million in assets. It has 5 employees and 3 registered investment advisers.
General information
Firm type
Asset Manager
Year founded
1995
Location
Region
North America
Country
United States
City
Wellesley
Corporate office
Wellesley, MA, United States
Additional offices
Greenwich, CT · Wichita, KS · Sydney, Australia · New York, NY · Duluth, MN · Westport, CT
Principals
Todd Raker
Chief Executive Officer
Eric Stone
Managing Director
Joseph Wyatt, CFA
Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at Iridian Asset Management?
Todd Raker, as CEO and lead portfolio manager, and Eric Stone, Managing Director, manage the Mid-Cap Value Equity portfolios. Both sit on the firm's Executive Committee. Joseph Wyatt, CFA, joined as a research analyst in 2023, supporting the team's fundamental research efforts.
What is Iridian's core investment strategy?
Iridian runs a concentrated mid-cap value equity strategy focused on companies undergoing significant corporate change. This includes situations like spin-offs, restructurings, and management turnover where the firm believes the market misprices the resulting value creation. The strategy is grounded in rigorous, independent fundamental research.
How is Iridian Asset Management structured after the 2022 transition?
In 2022, the firm transitioned to employee ownership, with Todd Raker becoming CEO. This structure means portfolio managers also serve as owners, directly aligning investment decisions and firm governance with long-term client interests. It operates independently without a corporate parent.
What is the professional background of Iridian's investment team?
The senior team comes from deep sell-side equity research and hedge fund investment roles. Todd Raker spent seven years at Deutsche Bank in equity research. Eric Stone previously worked at Plural Investments and Arience Capital. Joseph Wyatt, CFA, held research roles at Capital Group and Morgan Stanley.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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