Third Point Drops Another 6.2 Percent in June

The hedge fund headed by Dan Loeb posted one of its worst-ever first-half losses.

Dan Loeb (David Paul Morris/Bloomberg)

Dan Loeb

(David Paul Morris/Bloomberg)

Third Point Offshore is off to perhaps the worst start in its 27-year history.

The hedge fund headed by Dan Loeb dropped another 6.2 percent in June and finished the quarter down 9.15 percent, according to its latest monthly report. Altogether it was down 19.8

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.