Why Nelson Peltz’s Trian Partners Is Having a Year to Forget

The activist’s performance — and assets — have declined this year, owing in part to a big investment hobbled by Covid-19.

Nelson Peltz (Patrick T. Fallon/Bloomberg)

Nelson Peltz

(Patrick T. Fallon/Bloomberg)

Trian Partners has been having a rough year, in part due to Covid-19.

The activist hedge fund firm’s main hedge fund lost a little more than 13 percent for the first half of the year, according to an investor.

About half of the loss is due to its stake in industrial food distributor Sysco — its largest investment, accounting for nearly 30 percent of U.S.

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

Related