This content is from: Premium

Dan Loeb’s Third Point Opens to New Money

The New York firm is refilling its coffers after paying out redemptions from its main fund.

       Daniel Loeb, Third Point (Bloomberg) By Michelle Celarier Third Point CEO Daniel Loeb argued recently that hedge funds are in the “first innings of a washout.” But that’s certainly not the case for the $16.3 billion Third Point, which is bucking the trend and taking in fresh capital. Like many hedge fund firms,

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

Related Content