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Jana Partners Slips Again as Event-Driven Funds Lag

Barry Rosenstein’s flagship fund suffers its fourth decline in five months. The problems: United Rentals, Hertz Global and Qualcomm.

       Barry Rosenstein, Jana Partners (Bloomberg) Barry Rosenstein’s Jana Partners lost another 0.3 percent last month, the fund’s fourth decline in the past five months. As a result, the New York firm’s flagship fund is now up just 1.3 percent for the year. Jana Nirvana, a more aggressive fund that typically maintains higher

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