TRIAN FUND MANAGEMENT, L.P.: Investment Adviser Form ADV Filing

How this adviser has changed

Annual filings

Regulatory assets under management

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal year	Regulatory AUM	Employees	Filed
2021	$7,635,972,701	37	Mar 31, 2022
2022	$7,149,855,842	32	Mar 31, 2023
2023	$9,049,708,986	31	Mar 29, 2024
2024	$6,299,771,882	33	Mar 31, 2025

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	19	$5,829,952,054	92.5%
High-net-worth individuals	Fewer than 5	$469,819,828	7.5%

Filing source

Form ADV 2008873 · Aug 19, 2025 · Item 5.D

Reported by TRIAN FUND MANAGEMENT, L.P. (CRD 154172).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Private funds & service providers

1 selected fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

View all funds in this filing

LOST COAST CONSORTIUM LPHedge Fund$128MGross asset value

Search Form D filings →

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

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No Other funds reporting this name →

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Other funds reporting this name →

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)

Reported by TRIAN FUND MANAGEMENT, L.P. (CRD 154172).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

View a filing

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since Jul 15, 2025 · previous imported filing

No comparable changes in the displayed metrics.

Filing source

Form ADV 2008873 · Aug 19, 2025 · Items 1 & 5

Reported by TRIAN FUND MANAGEMENT, L.P. (CRD 154172).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary: $5.83B
Non-discretionary: $470M

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 2008873 · Aug 19, 2025 · Items 1 & 5

Reported by TRIAN FUND MANAGEMENT, L.P. (CRD 154172).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.