Has Carl Icahn Anointed the First "Icahn Cub"?

The Wall Street Journal is reporting that Brett Icahn, son of famous activist investor Carl Icahn, is having an official coming out party on Wall Street.

Young Carl Icahn to launch a hedge fund

The younger Icahn, 34, is expected to launch a hedge fund with partner David Schechter, 38, and take outside investors, according to the report. Icahn Enterprises LP (NASDAQ:IEP), Carl Icahn’s public company, will own 35% of the new fund company and is expected to provide $1 billion in investment seed capital to manage, the report said.  The pair of Icahn and Schechter currently manage...