Janus Henderson Group is now a privately-owned business after a takeover by Trian Fund Management, General Catalyst Group Management and the Qatar Investment Authority was completed.
The finalisation of the ‘take-private’ deal formally agreed on 21 December 2025, saw all shares not already owned or controlled by Trian converted into a right to receive $52 per share in cash.
Janus Henderson’s ordinary shares have therefore been delisted from the New York Stock Exchange.
The firms described the asset manager as “an innovative private enterprise” working closely with Trian, which will be well positioned to make long-term investments in its investment products, client service capabilities, AI technology, and talent.
Janus Henderson will continue to be led by the current management team with Ali Dibadj as chief executive, and will maintain its main presence in both London and Denver, Colorado.
Peltz, chief executive and founding partner of Trian, said: “Since our initial investment in 2020, we have seen Janus Henderson make impressive strides in delivering for its clients under the leadership of Ali and his talented team.
“We now have a unique pathway to advance this progress through investments that will further enhance the client experience with the benefit of Trian and General Catalyst’s expertise in growth acceleration and AI transformation.”
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Dibadj added: “Today’s closing marks the beginning of an exciting new chapter in Janus Henderson’s 92-year history.
“We are thrilled to be partnering with Trian, General Catalyst, and our strategic investors to build on the firm’s remarkable legacy.
“We see transformative opportunities to continue to raise the bar in how we deliver differentiated insights, disciplined investment strategies, and world-class service to our clients.”
