Peltz Says He's Very Different From Ackman

Activist hedge fund manager Nelson Peltz is very different from fellow activist William Ackman, just ask him.

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Peltz says Ackman is “very different”

Peltz is known to come from the old school that works to make changes to enhance the value of a stock price. When asked on stage if he was like Ackman, Peltz, who manages a long portfolio of nearly $5.7 billion, acknowledged he was “very different.”

“What activism is doing is what private equity used to do …...