Nelson Peltz’s Bet on GE Falters — but He’s Not Alone

Hedge funds Viking Global, D.E. Shaw, Citadel, and Canyon also got hit by the falling giant.

(Daniel Acker/Bloomberg)

(Daniel Acker/Bloomberg)

A little more than a year after Nelson Peltz’s activist hedge fund firm Trian Management gained a board seat at General Electric Co., the former US industrial giant is looking worse than ever.

But Trian isn’t the only hedge fund to be hurt by the falling fortunes of GE.

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