Irenic Capital Management focuses on investments in publicly traded companies, emphasizing collaborative efforts with corporate leadership. The firm aims to drive improvements in both operational and financial performance, with the overarching goal of creating enduring value for the company and its shareholders.
Adam Katz is a co-founder and the Chief Investment Officer of Irenic. He previously served as an Associate Portfolio Manager at Elliott Management, specializing in special situations such as public equity activism, private equity, and distressed credit. He boasts significant experience handling multiple public equity activist engagements exceeding $1 billion. Adam earned an MBA from Harvard Business School as a Baker Scholar and holds a JD from Harvard Law School. He graduated magna cum laude with high honors in Government from Harvard University in 2007.
Andy Dodge is also a co-founder and the Director of Research at Irenic. He previously held the role of Investment Partner at Indaba Capital Management, specializing in special situations and event-driven equities. Joining Indaba as an analyst at its inception, Andy rose to partner within three years and contributed a decade of service to the firm. Before his tenure at Indaba, he worked as an associate at Sageview Capital and an analyst at Bain Capital Credit. Andy graduated from Harvard University in 2007 with a degree in Economics (AB).
Irenic Capital Management is a hedge fund managing $1,039,277,043 in discretionary assets, based on the latest Form ADV filed on April 2024. Serving 10 clients, their Q1 2024 13F filing disclosed $490,713,814 in managed 13F securities, with a concentrated top 10 holdings making up 92.9% of the portfolio. The largest holding in Irenic Capital Management's portfolio is iShares Russell 2000 ETF, with 475,500 shares held.
| Fund Name: | Irenic Capital Management |
| Manager | Adam Katz And Andy Dodge |
| Portfolio Value | $490,713,814 |
| Change This QTR | +0.97% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | IEF | 475,500 | $99,997,650 | +301% | 20.37% | ||
| 2. | B | 2,572,142 | $95,555,075 | +78% | 19.47% | ||
| 3. | NWS | 3,408,019 | $92,220,994 | -35% | 18.79% | ||
| 4. | RSVR | 4,181,252 | $33,157,328 | +21% | 6.75% | ||
| 5. | SHC | 2,602,959 | $31,261,538 | +17% | 6.37% |
| Symbol | Company | Filed By | Filing Date | Filing |
|---|---|---|---|---|
| 2024-04-26 | ||||
| 2024-03-07 | ||||
| 2024-02-28 | ||||
| 2024-02-14 | ||||
| 2024-01-29 |
