Activist investment firm Jana Partners has made as many as 10 appointments with a view to setting up a fund that invests in socially responsible companies. Dan Hanson, who previously oversaw socially responsible funds at BlackRock, will co-manage the new fund, likely to be called Jana Impact Fund, with Jana partner Charles Penner. Pulkit Agarwal will also join the New York-based hedge fund to work on the new portfolio. The appointments followed Jana joining forces with the California State Teachers Retirement System in January to urge Apple to tackle smartphone addiction among children.
Activist investment firm Jana Partners has made two appointments with a view to setting up a fund that invests in socially responsible companies. Dan Hanson, who previously oversaw socially responsible funds at BlackRock, will co-manage the new fund, likely to be called Jana Impact Fund, with Jana partner Charles Penner. Pulkit Agarwal will also join the New York-based hedge fund to work on the new portfolio. The appointments followed Jana joining forces with the California State Teachers Retirement System in January to urge Apple to tackle smartphone addiction among children.