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JANA vets plan event-driven fund

February 01, 2010  

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It will invest in event-driven opportunities in equities and will also look at special situations in credit.

Two former investment executives at JANA Partners, the $2.1 billion hedge fund firm best known for fighting alongside Carl Icahn and others in shareholder activist battles, are planning to launch their first fund at the beginning of the second quarter.

The new fund, Hylas Capital Partners, will be similar to the...

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The only players who have identified major scams in the past have been short sellers, ironically, making them the SECs natural allies.

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