Scott Ostfeld, Managing Partner and Portfolio Manager at Jana Partners, delivered a compelling presentation at the 2024 Sohn Monaco Investment Conference, focusing on shareholder activism and strategic partnerships. Here are the key takeaways from his speech:
Jana Partners’ Strategy and Track Record
Founded in 2001 by Barry Rosenstein, Jana Partners pursues shareholder activism in public companies to maximize value for all shareholders. They have a long history of activism. A notable example is their investment in Whole Foods, where they acquired a 9% stake and facilitated its sale to Amazon in 2017.
Strategic Partnership with Cannae Holdings Holdings
In an unprecedented move, Jana Partners entered into a strategic partnership with Cannae Holdings, a publicly traded holding company. This partnership enhances Jana's...
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