Entries tagged "Trian"
Activist investor and CEO of Trian Nelson Peltz fights a rumor that he's targeting money manager Legg Mason.
How better to grow your credit market business than hiring former junk bond pros of Drexel Burnham Lambert fame? Nelson Peltz's hedge fund Trian Fund Management LP hired two former Drexel bankers, Jay Bloom and Dean Kehler, to help Peltz (pictured) grow Trian's presence in the ailing credit market, according to a Thursday report by The Wall Street Journal. Bloom and Kehler are reportedly leaving their posts as managing partners of private asset management firm Trimaran Capital Partners LLC, which they co-founded. The Deal caught up with Ed Garden, one of Trian's three principals, to discuss the hiring. ...
Along with Tiffany & Co.'s announcement of its 12% increase in worldwide sales, Peter May, a founding partner of investment firm Trian Fund Management LP, has been elected to the board. May works alongside Nelson Peltz, and both are known for being activist shareholders that have aggressively pushed companies such as Wendy's International Inc., Cadbury Schweppes plc and H.J. Heinz Co. to change. ...
