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JANA Partners To Focus Exclusively On Activism

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Jacob Wolinsky
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JANA Partners has announced that it will be focusing exclusively on activism. In a letter dated 1/15/2019 a copy of which was reviewed by ValueWalk, Barry Rosenstein told investors:

In 2010, we launched a dedicated, longer-duration shareholder engagement strategy called JANA Strategic Investments (JSI) as a complement to our flagship JANA and Nirvana funds (the flagship funds) which continued to pursue a broader investment strategy.

The latest news? The letter notes:

Today we are announcing that we will transform into a firm solely dedicated to our core competency of shareholder engagement, specifically JSI and other new engagement strategies.

The news was first reported by Reuters earlier today.

Stay tuned for more coverage on this topic shortly.

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.