IEAH Stables (International Equine Acquisitions Holding) operated a

thoroughbred The Thoroughbred is a horse breed best known for its use in horse racing. Although the word ''thoroughbred'' is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed. Thoroughbreds are c ...

horse racing Horse racing is an equestrian performance sport, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is one of the most ancient of all sports, as its basic p ...

stable A stable is a building in which livestock, especially horses, are kept. It most commonly means a building that is divided into separate stalls for individual animals and livestock. There are many different types of stables in use today; the ...

in the United States that included

Big Brown Big Brown may refer to: * Big Brown (horse), an American thoroughbred racehorse * Big brown bat, an North American bat * Big Brown, a nickname for the delivery company United Parcel Service * Big Brown Box, an Australian online retailer *Big Brown ...

, the winner of the 2008 Kentucky Derby and Preakness . The company was based in

Garden City, New York Garden City is a village located on Long Island in Nassau County New York. It is the Greater Garden City area's anchor community. The population was 23,272 at the 2020 census. The Incorporated Village of Garden City is primarily located within ...

. It has been inactive since 2012. IEAH was formed in 2003 by Michael Iavarone, who had long been interested in the sport and also saw business opportunities in the industry. Iavarone was the co-Chief Executive Officer, along with Richard Schiavo who oversaw administrative matters. The business operated as a

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as sho ...

, with horses as the major asset. Major funding was provided by James Tagliaferri, who ran an asset-management company, TAG Virgin Islands. Iavrone was responsible for all bloodstock affairs, including the establishment of an "investment committee" that assisted in acquiring the stable's "bloodstock portfolio." In 2008, Hall of Fame jockey Gary Stevens joined as a bloodstock agent and spokesman. IEAH used a handful of trainers, including

Rick Dutrow Richard E. "Rick" Dutrow Jr. (born August 5, 1959, in Hagerstown, Maryland) is an American thoroughbred racehorse trainer. A winner of multiple stakes races including three victories in the Breeders' Cup, Dutrow campaigned Big Brown to his wins in ...

, Dominick Shettino, Donald Chatlos Jr. and John Terranova II. In 2009, IEAH opened the Ruffian Equine Medical Center, a state of the art equine medical facility located near Belmont Park. The center closed down in 2011 due to financial difficulties, but in 2014 was re-opened by

Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach an ...

under the name Cornell Ruffian Equine Specialists. In 2013, IEAH sold its last shares in Big Brown. In 2015, Tagliaferri was sentenced to six years in prison for securities and investment adviser fraud for accepting kickbacks for investments made in companies including IEAH.

Top horses

Benny the Bull Benny the Bull, commonly known as Benny, is the mascot of the National Basketball Association (NBA)'s Chicago Bulls, a role he has filled since 1969." Biography / retired versions Benjamin T. "Benny" Bull, has been the mascot of the Chicago Bul ...

I Want Revenge I Want Revenge (March 26, 2006 – November 24, 2018) was an American Thoroughbred racehorse who was one of the favorites to win the 2009 Kentucky Derby. Background He was sired by Grade I winner Stephen Got Even, a son of 1992 American Hors ...

Kip Deville Kip Deville (May 3, 2003 – June 11, 2010) was an American Thoroughbred racehorse whose most important win came at age four in the 2007 Breeders' Cup Mile. He was an Eclipse Award finalist for American Champion Male Turf Horse in 2007. Backgr ...

* Patena *

Rebel Rebel "Rebel Rebel" is a song by English singer-songwriter David Bowie. It was released in the UK in February 1974 by RCA Records as the lead single from the album ''Diamond Dogs''. Written and produced by Bowie, the song is based around a distinctiv ...

Stardom Bound Stardom Bound (foaled in Kentucky on April 9, 2006) is an American Thoroughbred racehorse who won the 2008 Breeders' Cup Juvenile Fillies and the Eclipse Award for Champion 2-Year-Old Filly. Stardom Bound was sired by Tapit (winner of the 2004 W ...

* Subtle Aly * Willy o'the Valley * Wonder Lady Anne L *Fantasy Of Flight *Trickmeister

Honors

IEAH Stables was a finalist for the

Eclipse Award The Eclipse Award is an American Thoroughbred horse racing award named after the 18th-century British racehorse and sire, Eclipse. An Eclipse Award Trophy is presented to the winner in each division that is made by a few small selected American ...

for outstanding owner in 2008.

References

How Big Brown's people nearly pulled off horse racing's biggest scam
Horse farms in the United States Hempstead, New York Sports venues in Hempstead, New York 2003 establishments in New York (state) 2012 disestablishments in New York (state) {{horseracing-stub