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Peltz’s Trian Seeks Board Representation at Janus Henderson

  • Trian floats idea of putting independent directors on board
  • Peltz contends small asset managers need to consolidate
Nelson Peltz
Nelson PeltzPhotographer: Patrick T. Fallon/Bloomberg
Updated on

Nelson Peltz’s Trian Fund Management said it has held discussions with Janus Henderson Group Plc about getting representatives affiliated with Trian appointed to its board. 

Trian said in a filing Thursday that as part of its ongoing discussions, it floated the idea of having independent directors affiliated with the New York-based investment firm appointed to the Janus board, among other candidates. Trian owns an almost 17% stake in Janus, according to the filing.