Billionaire hedge fund manager Dan Loeb’s Third Point is crushing the competition

REUTERS/Steve Marcus Dan Loeb’s Offshore and Ultra funds hold respective gains of 14.5% and 23% this year. The average hedge fund was up 5.92% through September 2017. Third Point LLC, the hedge fund founded by billionaire investor Daniel Loeb, continues to post impressive returns when compared to its peers.  In a letter to clients Friday, following the end of the […]

Dan Loeb’s Third Point is looking to win fresh money

REUTERS/Steve Marcus Dan Loeb’s Third Point is looking to raise fresh money.  The fund opened to new money around six months ago, according to people familiar with the matter. The minimum investment is $ 10 million for those investing directly.  Around the same time, it joined Morgan Stanley’s wealth management platform, allowing the bank’s wealthy […]

Dan Loeb’s Third Point is looking to win fresh money

REUTERS/Steve Marcus Dan Loeb’s Third Point is looking to raise fresh money.  The fund opened to new money around six months ago, according to people familiar with the matter. The minimum investment is $ 10 million for those investing directly.  Around the same time, it joined Morgan Stanley’s wealth management platform, allowing the bank’s wealthy […]