Yes you are correct on both counts - Peltz has stakes in a number of companies (mostly consumer-related) including Wendy's, Family Dollar, Heinz, Kellogg, and Tiffany. In the past, he's convinced Cadbury to spin off their Dr Pepper Snapple drinks business (before the candy business was bought by Kraft) and Wendy's to spin off Tim Horton's.

I don't have any insight into how to get a job there, but I would imagine they don't typically hire kids after two yrs of investment banking...

 

They certainly do evaluate candidates after two years of IB. They operate in much the same way as most other activist funds, evaluate companies in more "private equity"-like fashion and handle interviews like any other HF in their category. Not much else to say, other than what you can read in the news.

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they are way better than pershing (at least far more respected), and a different kind of activist than loeb so not really comparable. trian does the hardest kind of activism -- business turnarounds, and they are actually quite successful at it. loeb does a lot more financial activism (ie levering up balance sheets to buy back stock, selling off / monetizing undervalued balance sheet assets, etc). very well respected guys

 
xqtrack:

they are way better than pershing (at least far more respected), and a different kind of activist than loeb so not really comparable. trian does the hardest kind of activism -- business turnarounds, and they are actually quite successful at it. loeb does a lot more financial activism (ie levering up balance sheets to buy back stock, selling off / monetizing undervalued balance sheet assets, etc). very well respected guys

This.

[quote=patternfinder]Of course, I would just buy in scales. [/quote] See my WSO Blog | my AMA
 

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