Trian Fund Management Shakes Up Two Big Investments

The activist sold a big stake in Sysco, while one of its partners resigned from the board of another holding.

Nelson Peltz, Trian Fund Management (Patrick T. Fallon/Bloomberg)

Nelson Peltz, Trian Fund Management

(Patrick T. Fallon/Bloomberg)

Activist hedge fund firm Trian Fund Management sold a sizable stake in one of its biggest and most successful investments last week and also revealed that one of its partners resigned from the board of directors of another key holding.

The announcements, made in regulatory filings, took place as Trian has moved into the black after posting losses earlier in the year.

In

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related