Nov
05

Barry Rosenstein’s Hedge Funds at Jana Bounced Back in October

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  • Jana Nirvana gained 4.5% in the month; Jana Partners rose 2.7%
  • Nirvana is down 5.9% this year; Jana Partners lost 4.1%

Activist investor Barry Rosenstein saw his two hedge funds at Jana Partners rebound in October from four months of losses as stock markets rallied.

Jana Nirvana, which makes bets on or against stocks and credit, gained 4.5 percent in October, cutting declines for 2015 to 5.9 percent, according to an investor letter obtained by Bloomberg. The Jana Partners fund rose 2.7 percent in October, leaving it down 4.1 percent for this year.

A spokesman for the firm declined to comment…

Barry Rosenstein’s Hedge Funds at Jana Bounced Back in October

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