Third Point Extends Its Strongest Start in 11 Years

The multistrategy fund’s gains have been led by equity long bets as well as several other strategies.

Dan Loeb (David Paul Morris/Bloomberg)

Dan Loeb

(David Paul Morris/Bloomberg)

Dan Loeb’s Third Point Offshore has gotten off to its best start since 2010 even though it lagged the overall market in April.

The multistrategy fund rose just 1.7 percent last month compared with a 5.3 percent gain for the S&P 500.


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