Barry Rosenstein’s JANA Partners Finally Turns Positive

The sometime-activist firm continues to benefit from its revamped portfolio, which was overhauled earlier this year.

Barry Rosenstein speaks during the 20th Annual Sohn Investment Conference in New York, U.S., on Monday, May 4, 2015 (Andrew Harrer/Bloomberg).

Barry Rosenstein’s JANA Partners is back in positive territory. The firm’s namesake long-short equity hedge fund, which lost 5.4 percent last year and nearly 6 percent in the first half of this year, has rallied back after heavily revamping its portfolio.

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