Jana Partners Recasts Portfolio as Redemptions Mount

August 16, 2016   Stephen Taub


Investors yanked back some $4 billion in assets over the past year from the New York activist firm, which may be facing a second consecutive losing year.

Jana Partners’ recent performance woes have begun to seriously punish the New York firm. The activist hedge fund firm, which is threatening to post its second straight losing year, has suffered sizable redemptions. According to a document sent by Jana …

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