On March 18, 2015 the Dyal Capital Partners unit of investment manager Neuberger Berman bought a 20% stake in hedge-fund firm Jana Partners.
On March 18, 2015 Dyal Capital Partners (“Dyal”), a unit of investment manager Neuberger Berman, bought a 20% stake in hedge-fund firm Jana Partners LLC (“Jana”). Dyal is a New York-based private-equity firm run by former Lehman Brothers executive Michael Rees. Jana is an activist fund that manages more than $11 billion and was valued by Dyal at about $2 billion. Jana’s investments include stakes in PetSmart Inc., Safeway Inc., and Computer Sciences Corp. It was founded by Barry Rosenstein in 2001.
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