Third Point Comes Up Short

The multistrategy fund headed by Dan Loeb lost money in September.

Daniel Loeb (Simon Dawson/Bloomberg)

Daniel Loeb

(Simon Dawson/Bloomberg)

Dan Loeb suffered a setback last month.

Third Point Offshore lost 2.2 percent in September, according to the firm’s monthly tear sheet. As a result, the fund was down slightly for the quarter.

The monthly loss also cut the multistrategy fund’s gain for the year to 12.7

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