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Trian Launches Fund as it Girds for DuPont Fight

Nelson Peltz's activist firm is launching a new, open-ended fund with $600 million. Trian now manages $11 billion in total.

Nelson Peltz, Trian Fund Management (Bloomberg)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

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