Third Point Adds Gains, Cranks Up Exposure

The equity and credit fund is still below its high-water mark.

Stephen Taub April 2, 2019

Illustration by II

Dan Loeb’s Third Point Offshore, managed by his hedge fund firm Third Point, extended its gain for the year in March, posting a 2.9 percent profit for the month. As a result, it returned 8.8 percent for the quarter.Still, this performance falls far short of

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