Monday, 1 September 2014
Last updated 3 days ago
Jan 27 2014 | 1:56pm ET
Jana Partners is set to close one of its hedge funds to new investors and may stop accepting money for its flagship, as well.
The activist hedge fund told investors that its $3.9 billion Nirvana fund would close to new investors on April 1, Pensions & Investments reports. The move will help preserve investor value, Jana said.
The seven-year-old Nirvana fund is a more concentrated version of Jana's flagship Master Fund. The firm added that it may close the Master Fund "at some point in the future, depending on the opportunity set."
Jana manages about $8 billion.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...