Investment adviser · CRD 154172

TRIAN FUND MANAGEMENT, L.P.

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Jul 31, 2026

Regulatory AUM: $10.4B
Client accounts: 29
Employees: 34
Advisory professionals: 14

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	27	$10,004,891,721	96.3%
High-net-worth individuals	Fewer than 5	$387,958,416	3.7%

Filing source

Form ADV 2118182 · Jul 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

40 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

TRIAN PARTNERS STRATEGIC CO-INVESTMENT FUND-A, L.P.Hedge Fund · Last reported May 4, 2021$156MGross asset value

Form D fundraising filings

Trian Partners Strategic Co-Investment Fund-A, L.P.

Fund administrator HEDGESERV (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian BANK OF AMERICA, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian JEFFERIES INTERNATIONAL LIMITED LONDON, United Kingdom Related to adviser: No

Custodian MERRILL LYNCH INTERNATIONAL LONDON, United Kingdom Related to adviser: No

Custodian MORGAN STANLEY & CO. INTERNATIONAL PLC LONDON, United Kingdom Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian NOMURA GLOBAL FINANCIAL PRODUCTS INC. NEW YORK, New York, United States Related to adviser: No

Custodian NOMURA SECURITIES (BERMUDA) LTD. PEMBROKE, Bermuda Related to adviser: No

Custodian UBS AG BASEL, Switzerland Related to adviser: No

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

BANK OF AMERICA, N.A.
LEI B4TYDEB6GKMZO031MB27

JEFFERIES INTERNATIONAL LIMITED
LEI S5THZMDUJCTQZBTRVI98

MERRILL LYNCH INTERNATIONAL
LEI GGDZP1UYGU9STUHRDP48

MORGAN STANLEY & CO. INTERNATIONAL PLC
LEI 4PQUHN3JPFGFNF3BB653

MORGAN STANLEY & CO. LLC
SEC 8-15869

NOMURA GLOBAL FINANCIAL PRODUCTS INC.
LEI 0Z3VO5H2G7GRS05BHJ91

NOMURA SECURITIES (BERMUDA) LTD.
LEI 549300VTR6EGLGTZLN45

UBS AG
LEI BFM8T61CT2L1QCEMIK50

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-4593046839
Reported beneficial owners: 2
Minimum commitment: $0
Form D file number: 021-177778

Form ADV 1538027 · May 4, 2021 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

LOST COAST CONSORTIUM LPHedge Fund · Last reported Aug 19, 2025$128MGross asset value

Fund administrator MORGAN STANLEY FUND SERVICES INC. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: No
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-1355639081
Reported beneficial owners: 7
Minimum commitment: $250K

Form ADV 2008873 · Aug 19, 2025 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TRIAN SPV XV, LTD.Hedge Fund · Last reported Mar 31, 2022$124MGross asset value

Feeder funds

TRIAN SPV XV, L.P.

Fund administrator HEDGESERV (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

GOLDMAN SACHS & CO. LLC
SEC 8-129

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-2877696328
Reported beneficial owners: 22
Minimum commitment: $25M
Form D file number: 021-375952

Form ADV 1631219 · Mar 31, 2022 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TRIAN SPV (SUB) V, L.P.Hedge Fund · Last reported Feb 24, 2016$101MGross asset value

Feeder funds

TRIAN SPV V, L.P.
TRIAN SPV V, LTD.

Fund administrator INTERNATIONAL FUND SERVICES DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP PHILADELPHIA, Pennsylvania, United States

Custodian DEUTSCHE BANK AG LONDON, United Kingdom Related to adviser: No

Custodian GOLDMAN, SACHS & CO. NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH INTERNATIONAL LONDON, United Kingdom Related to adviser: No

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No

Prime broker GOLDMAN, SACHS & CO. NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

GOLDMAN, SACHS & CO.
SEC 8-129

GOLDMAN, SACHS & CO.
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-8572316356
Reported beneficial owners: 2
Minimum commitment: $50M

Form ADV 982703 · Feb 24, 2016 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TRIAN SPV (SUB) VI, L.P.Hedge Fund · Last reported Feb 24, 2016$93.4MGross asset value

Feeder funds

TRIAN SPV VI, L.P.
TRIAN SPV VI, LTD.

Fund administrator INTERNATIONAL FUND SERVICES DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP PHILADELPHIA, Pennsylvania, United States

Custodian GOLDMAN, SACHS & CO. NEW YORK, New York, United States Related to adviser: No

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No

Prime broker GOLDMAN, SACHS & CO. NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

GOLDMAN, SACHS & CO.
SEC 8-129

GOLDMAN, SACHS & CO.
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-1210451716
Reported beneficial owners: 4
Minimum commitment: $25M

Form ADV 982703 · Feb 24, 2016 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TRIAN PARTNERS STRATEGIC INVESTMENT FUND-A, L.P.Hedge Fund · Last reported Jul 11, 2024$90.8MGross asset value

Form D fundraising filings

Trian Partners Strategic Investment Fund-A, L.P.

Fund administrator HEDGESERV (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian FIRST REPUBLIC BANK NEW YORK, New York, United States Related to adviser: No

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON CORPORATION NEW YORK, New York, United States Related to adviser: No

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

FIRST REPUBLIC BANK
LEI YWC0TIKBQM2JV8L4IV08

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

THE BANK OF NEW YORK MELLON CORPORATION
LEI WFLLPEPC7FZXENRZV188

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-9934854463
Reported beneficial owners: 2
Minimum commitment: $0
Form D file number: 021-157908

Form ADV 1888429 · Jul 11, 2024 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TRIAN PARTNERS STRATEGIC FUND-G III, L.P.Hedge Fund · Last reported Jul 11, 2024$25.7MGross asset value

Fund administrator HEDGESERV (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian FIRST REPUBLIC BANK NEW YORK, New York, United States Related to adviser: No

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON CORPORATION NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

FIRST REPUBLIC BANK
LEI YWC0TIKBQM2JV8L4IV08

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

THE BANK OF NEW YORK MELLON CORPORATION
LEI WFLLPEPC7FZXENRZV188

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-7465350871
Reported beneficial owners: 2
Minimum commitment: $0

Form ADV 1888429 · Jul 11, 2024 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jul 31, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

280 PARK AVENUE
NEW YORK, NY, 10017-1217, United States

CRD 154172

Filing source

Form ADV 2118182 · Jul 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.