JANA Partners is planning to offer a new hedge fund in the
second quarter that will combine the firm's signature
event-driven style with a more concentrated and longer-term
investment approach than it has used in its flagship fund. JANA
is planning to seed the new fund with a minimum of $50 million
in partner capital.
JANA Nirvana will be the third strategy launched by the firm
since its inception in 2001. JANA, which...