Trian Fund Management continues to build its war chest.
The New York activist investor, founded by Nelson Peltz, Peter May and Edward Garden, has launched a new co-investment fund, Trian Partners Co-Investment Opportunities Fund. The fund so far has $600 million committed. It is open-ended, which means investors can contribute additional money each month, according to a source familiar with the fund.
Altogether, Trian now has close to $11 billion under management. This is up from $8.
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