Hedge Funds

Nelson Peltz’s Trian Partners raised $1.3 billion in 2011


The highly concentrated, long-biased activist firm flourished on the back of strong performance.

  Nelson Peltz (Photo: Bloomberg)
Trian Partners, the long-biased firm run by Nelson Peltz, Peter May and Ed Garden, has raised $1.3 billion this year for its hedge and long-only equity funds thanks to its successful mix of activist investments.

The flagship long/short equity Trian Partners fund is up 4.77% through November, according to the AR database, compared with the median U.S. equity hedge fund, which has lost 1.97% for the year.

As of December 1, the firm managed $4 billion overall and $2.4 billion in its flagship fund, according to a person