Nelson Peltz’s Son-in-Law to Seek Activist Cash After Trian Exit

  • Ed Garden’s firm registers as investment adviser with the SEC
  • Firm initially set up as a family office to manage his wealth
Ed GardenPhotographer: Michael Nagle/Bloomberg
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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.

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.