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.
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.
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. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
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.
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.
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.