Why Activism Paid off for Dan Loeb’s Third Point

The hedge fund firm said it is developing methods to “systematize” its growing emphasis on governance.

Daniel Loeb (David Paul Morris/Bloomberg)

Daniel Loeb

(David Paul Morris/Bloomberg)

Activism is playing a much bigger role at Dan Loeb’s Third Point these days than in the past.

The strategy currently accounts for about 40 percent of its flagship fund’s exposure, according to the first-quarter letter sent to clients of its Third Point Offshore fund.


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