Description
Trian Fund Management, L.P., which uses the trade name Trian Partners, is an American hedge fund management firm headquartered in New York City. As an activist investor, the firm has pushed for significant change at some of America's largest corporations.
History
Trian was founded in 2005 by Nelson Peltz, Peter W. May and Ed Garden.
In June 2023 Garden, who was the firm's chief investment officer, stepped down from his role although he remained a senior advisor at Trian. This came as a surprise to some as he was the youngest of the three co-founders and was expected to stick around and potentially lead the business.
Trian focuses on the consumer, industrial and financial sectors. The firm has developed a reputation as an activist investor and has often obtained board of directors seats at companies to make changes to them.
