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Nelson Peltz’s Trian Beat the Market in Q1, but Assets Fell

The activist reported a 23 percent decline in assets under management, largely due to the unwinding of special-purpose vehicles.

Nelson Peltz’s Trian Fund Management is off to a great start this year in terms of performance — but its assets are substantially lower than they were a year ago.The activist hedge fund posted first quarter gains in the mid-teens — slightly better than the Standard & Poor’s 500 index,

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