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Jana Posts Lackluster Gains in Tough Year for Event-Driven Funds

Barry Rosenstein’s firm posted its worst year since 2011.

       Barry Rosenstein, Jana Partners (Bloomberg) Barry Rosenstein’s Jana Partners, managed by his New York–based hedge fund firm of the same name, eked out a 0.3 percent gain in December, outpacing the S&P 500 stock index’s loss of 0.4 percent. But the gain didn’t do much to help the firm’s overall performance last

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