JANA remains flat despite activist opportunities
July 26, 2010
Suzy Kenly Waite
Barry Rosenstein and Gary Claar’s firm, which managed $2.1 billion as of January 2010, is flat for the year. JANA remains encouraged by a number of situations, including bets on Motorola and Questar Corporation.
JANA Partners, Barry Rosenstein and Gary Claar’s firm, slowed its losses in June after dropping 5% in May, leaving the firm flat for the year. The JANA Master Fund dropped only six basis points in June, while the AR Event Driven Index fell 0.96%, leaving it up 2.23% for the year.
Despite its losses, JANA is optimistic about the number of activist opportunities, and is particularly encouraged by a...
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