Jana Partners LLC (New York)
Jana Partners LLC is a large advisory firm based in New York. It manages $3.56 billion of regulatory assets for 26 client accounts. It has been registered with the SEC as an adviser since 2009.
Jana Partners provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Jana Partners: assets under management
The assets under management (AUM) of Jana Partners LLC is $3.56 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 78% since the beginning of its operation, and $3.01 billion of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is other assets, which make up 39% of the firm’s portfolio. Investments in cash and cash equivalents form 20% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Jana Partners LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Jana Partners serves?
The only and largest group of clients of Jana Partners is pooled investment vehicles with 21 clients and $3 billion of assets under management. Among the 10 most similar advisory firms, Jana Partners has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3 billion for 21 clients. 46% of the firm’s clients are foreign persons or businesses.
Jana Partners also advises several private funds. Namely, eleven hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
Careers at Jana Partners LLC
The company employs 42 people that are either part- or full-time employees. 24 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 16 indirect owners.Based in New York
The principal office where Jana Partners LLC performs its advisory services is located at 767 Fifth Avenue, New York, NY 10153, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-455-0900 or by fax 212-455-0901. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at janapartners.com.
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