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-0.000115460108532397 -0.000115460108532397 -0.000635030596928676 0 8.65950813994618E-05 -5.77300542661985E-05 -5.77300542661985E-05 -5.77300542661985E-05
Stock impact report

Nelson Peltz's Son-in-Law to Seek Activist Cash After Trian Exit [Yahoo! Finance]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
(Bloomberg) -- Ed Garden is preparing to manage outside capital more than a year after leaving the activist firm he co-founded with his father-in-law, Nelson Peltz. Most Read from Bloomberg Garden Investment Management registered as an investment adviser with the US Securities and Exchange Commission late last month, a step that will allow it to raise money from outside investors. The Greenwich, Connecticut-based firm, formed in July 2023, said it will employ an activist strategy at companies where there's a “significant discrepancy” between market value and intrinsic value. That means it could potentially compete with Trian Fund Management, the activist pioneer that Garden co-founded with Peltz and Peter May almost two decades ago. Peltz, a onetime Wall Street powerhouse who agitated for change at iconic companies such as Procter & Gamble Co. and Dupont de Nemours Inc., has struggled lately amid reports of internal strife at his firm, where assets under management have shrivel Show less Read more
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