JANA Partners Bets Against Trian With Dollar General Bet

Barry Rosenstein’s JANA Partners posted a 1.8% return in the month of August, bringing the year-to-date gain up to +5.9%. The fund invests in both equity and credit positions using a long/short strategy, according to a letter to investors reviewed by ValueWalk. Over the same period, JANA’s Nirvana Fund was up 2.8%, head-to-head with the 9.2% return on S&P 500 index for the month. The Nirvana fund maintains higher gross exposure and was closed to new capital in the second quarter.   See JANA Q2 letter JANA Takes Positions in Apache, PetSmart; Gains 5.3% YTD  According to Kelly Bit of Bloomberg,…