Trian Partners: any other info, insights?

firefighter's picture
Rank: King Kong | banana points 1,017

anyone heard of them? think they are an activist fund, managed by nelson peltz.

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Comments (18)

Apr 1, 2011

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...

Apr 3, 2011

It depends I guess. I've heard great things about those guys.

Apr 3, 2011

bump, anyone know about them? are they on the same level as Third Point, pershing, etc.?

Apr 3, 2011

He's kind of a jackass (based on predators ball, tabloids). But lots of hedge fund guys are...

Apr 3, 2011

i'd imagine, isn't dan loeb supposed to be pretty harsh with his letters to?

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Apr 3, 2011

I'm sure it is fine. What is your concern? A job is a job so long as you like it

Jun 18, 2012
Jan 30, 2014

bump

Jan 30, 2014

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.

Apr 10, 2014

I would certainly say that Trian is up there with the guys you see in the news all the time. They have a slightly different approach though.

Apr 10, 2014

They have backgrounds for a good handful of people that work there on the website, worth a look if you're wanting a gig there

Apr 10, 2014

Do you read the WSJ? Peltz is always in there. They're good. Hard to get into unless you know someone on the team. Best of luck.

Apr 10, 2014

Seems really smart. They post up white papers of some of their investments. Good reads.

Apr 10, 2014

I interned at a fof. Trian was the only activist fund we were willing to invest in.

Best Response
Apr 10, 2014

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

    • 2
Apr 10, 2014
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.

Apr 10, 2014