TRIAN FUND MANAGEMENT, L.P.
Adviser information for TRIAN FUND MANAGEMENT, L.P. last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Partnership |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 31 |
|---|---|
| Investment Advisory/Research | 14 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 21 | $6.2B |
| Non-Discretionary | 4 | $2.8B |
| Total | 25 | $9.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | <5 | $2.8B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 21 | $6.2B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 24 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesPORTFOLIO MGMT FOR SINGLE INVESTOR VEHICLES, PROVIDING INVESTMENT RECOMMENDATIONS/FACILITATING PURCHASES/SALES FOR SMAS |
|---|---|
| Compensation | % of AUMPerformance-based fees |
| Other Business Activities | Commodity pool operator or commodity trading advisor |
Principal Office
280 PARK AVENUE, 41ST FLOORNEW YORK
NY
United States
Monday - Friday, 9AM - 5PM
Tel: 212-451-3000, Fax: None
Chief Compliance Officer
JOHN G. JEROW
ASSISTANT GENERAL COUNSEL
280 PARK AVENUE, 41ST FLOOR
NEW YORK
NY
United States
Tel:
(212) 451-3000
J*****@****************M
(Full email address available in API data)
Industry Affiliates
| TRIAN PARTNERS AM FUND GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS AM PARALLEL FUND GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS CO-INVESTMENT OPPORTUNITIES FUND, GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS INVESTMENT FUND-G GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS PARALLEL FUND I GENERAL PARTNER, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS SPV X GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS SPV XVI GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS STRATEGIC FUND-G II GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS STRATEGIC FUND-G III GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS STRATEGIC FUND-K GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS STRATEGIC INVESTMENT FUND-A GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| TRIAN PARTNERS STRATEGIC INVESTMENT FUND-N GP, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| TRIAN PARTNERS AM FUND, LTD. | Hedge Fund | $508.4M | $100.0M | 29 |
| TRIAN PARTNERS AM PARALLEL FUND, LTD. | Hedge Fund | $271.9M | $0.0M | 2 |
| TRIAN PARTNERS CO-INVESTMENT OPPORTUNITIES FUND, LTD. | Hedge Fund | $391.6M | $10.0M | 5 |
| TRIAN PARTNERS FUND (SUB)-G, L.P. | Hedge Fund | $109.7M | $0.0M | 2 |
| TRIAN PARTNERS MASTER FUND, L.P. | Hedge Fund | $1,115.3M | $0.0M | 30 |
| TRIAN PARTNERS PARALLEL FUND I, L.P. | Hedge Fund | $264.4M | $0.0M | 6 |
| TRIAN PARTNERS STRATEGIC FUND-G II, L.P. | Hedge Fund | $249.6M | $0.0M | 2 |
| TRIAN PARTNERS STRATEGIC FUND-G III, L.P. | Hedge Fund | $25.7M | $0.0M | 2 |
| TRIAN PARTNERS STRATEGIC FUND-K, L.P. | Hedge Fund | $311.0M | $0.0M | 2 |
| TRIAN PARTNERS STRATEGIC INVESTMENT FUND-A, L.P. | Hedge Fund | $90.8M | $0.0M | 2 |
| TRIAN PARTNERS STRATEGIC INVESTMENT FUND-N, L.P. | Hedge Fund | $901.0M | $0.0M | 2 |
| TRIAN PARTNERS, L.P. | Hedge Fund | $745.1M | $10.0M | 115 |
| TRIAN PARTNERS, LTD. | Hedge Fund | $895.2M | $10.0M | 29 |
| TRIAN SPV (SUB) X, L.P. | Hedge Fund | $617.0M | $50.0M | 2 |
| TRIAN SPV XVI, LTD. | Hedge Fund | $601.1M | $25.0M | 5 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| TRIAN FUND MANAGEMENT GP, LLC | Domestic Entity | – | GENERAL PARTNER | 09/2005 | < 5% |
| PELTZ, NELSON, ("NMN") | Individual | – | CHIEF EXECUTIVE OFFICER AND LIMITED PARTNER | 09/2005 | 50-75% |
| MAY, PETER, WILLIAM | Individual | – | PRESIDENT AND LIMITED PARTNER | 09/2005 | 5-10% |
| SCHORR, BRIAN, LEWIS | Individual | – | CHIEF LEGAL OFFICER | 11/2005 | < 5% |
| PELTZ, NELSON, ("NMN") | Individual | TRIAN FUND MANAGEMENT GP, LLC | CHIEF EXECUTIVE OFFICER | 09/2005 | 25-50% |
| MAY, PETER, WILLIAM | Individual | TRIAN FUND MANAGEMENT GP, LLC | PRESIDENT | 09/2005 | |
| PELTZ, MATTHEW, HEFFNER | Individual | – | CO-CHIEF INVESTMENT OFFICER AND LIMITED PARTNER | 05/2023 | 10-25% |
| WEEDMAN, LEONARD, WILLIAM | Individual | – | CHIEF FINANCIAL OFFICER | 06/2019 | < 5% |
| FRANK, JOSHUA, DAVID | Individual | – | CO-CHIEF INVESTMENT OFFICER | 05/2023 | < 5% |
| JEROW, JOHN, GORDON | Individual | – | CHIEF COMPLIANCE OFFICER AND ASSISTANT GENERAL COUNSEL | 05/2021 | < 5% |
| MARX, DANIEL, ROBERT | Individual | – | GENERAL COUNSEL | 10/2022 | < 5% |
| BALDWIN, BRIAN, MICHAEL | Individual | – | HEAD OF RESEARCH | 05/2023 | < 5% |
| PELTZ, MATTHEW, HEFFNER | Individual | TRIAN FUND MANAGEMENT GP, LLC | CO-CHIEF INVESTMENT OFFICER | 05/2023 | |
| FRANK, JOSHUA, DAVID | Individual | TRIAN FUND MANAGEMENT GP, LLC | CO-CHIEF INVESTMENT OFFICER | 05/2023 |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| Ferguson Plc New | SHS | 130M | 669K | 1,2,3 |
| Ferguson Plc New | SHS | 249M | 1M | 1,2,3 |
| General Electric Co. | COM NEW | 641M | 4M | 1,2,3 |
| GE HealthCare Technologies Inc. | COM | 105M | 1M | 1,2,3 |
| Invesco Ltd. | SHS | 407M | 27M | 1,2,3 |
| Janus Henderson Group plc | ORD SHS | 1B | 32M | 1,2,3 |
| Rentokil Initial plc | SPONSORED ADR | 14M | 470K | 1,2,3 |
| U-Haul Holding Company | COM | 24M | 390K | 1,2,3 |
| U-Haul Holding Company - B | COM SER N | 55M | 909K | 1,2,3 |
| The Walt Disney Company | COM | 263M | 3M | 1,2,3 |
| Solventum Corporation | COM SHS | 283M | 5M | 1,2,3 |
| The Allstate Corporation | COM | 321M | 2M | 1,2,3 |
| Wendys Co. | COM | 270M | 16M | 1,2,3 |
| Wendys Co. | COM | 264M | 16M | 1,2,3 |