Private fund adviser
Iridian Asset Management LLC
SEC-registered investment adviser · CRD 104550 · SEC 801-50661
At a glance
Iridian Asset Management LLC is an SEC-registered investment adviser based in United States, with $280 million in regulatory assets under management as of its Form ADV filed August 12, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 7 individual clients. By Form ADV it is a private fund adviser, ranked 3,685th of 4,686 private fund advisers and 10,519th of 17,210 SEC-registered advisers by assets.
iridian.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $280M
- Rank among private fund advisers
- #3,685 of 4,686
- Rank among all SEC RIAs
- #10,519 of 17,210
- Individual clients
- 7
- High-net-worth clients
- 7
- Accounts
- 14
- Discretionary
- 100% of AUM
- Employees
- 5
- Advisory staff
- 3
- Offices
- 1
Owners and executives on its Form ADV
- Todd D. RakerChief Executive Officer, Executive Committee Member
- Eric S. StoneManaging Director, Executive Committee Member
- Paul J. WoltChief Compliance Officer
Custody and brokerage
3 custodians
- CIBC Private Wealth$61M58%
- BNY$25M23%
- Northern Trust$20M19%
Other RIAs using CIBC Private WealthOther multi-custodian RIAs
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 4 | $165M | 59% |
| High-net-worth individuals | 7 | $83M | 30% |
| Corporations or other businesses | 1 | $25M | 9% |
| Other | 2 | $8M | 3% |
Private funds
Iridian Asset Management LLC reports 3 private funds with $146M in gross assets: hedge funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Iridian Asset Management LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗iridian.com ↗
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The full record on Iridian Asset Management LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 2,008 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Iridian Asset Management LLC manage?
Iridian Asset Management LLC reports $280 million in regulatory assets under management across 14 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 12, 2026.
What kind of firm is Iridian Asset Management LLC?
Iridian Asset Management LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are Iridian Asset Management LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($165 million, 4 clients); high-net-worth individuals ($83 million, 7 clients); corporations or other businesses ($25 million, 1 clients).
Does Iridian Asset Management LLC manage private funds?
Yes. It reports 3 private funds with $146 million in gross assets, including hedge funds, other private funds.
Does Iridian Asset Management LLC have any disciplinary history?
Iridian Asset Management LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Iridian Asset Management LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-12), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →