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Jana Posts Another Losing Month
Barry Rosenstein’s activist-focused firm added several new positions late last year, and they’ve hurt the firm badly so far.
Barry Rosenstein (Bloomberg)Barry Rosenstein’s Jana Partners extended its losses last month. The New York–based event-driven firm, which is mostly associated with its activist activities, was hoping to reverse its flagship fund’s loss of 5.4 percent in 2015. However, after declining in January, the eponymous fund lost another 3.6 percent in
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