Loeb’s Third Point is a top performer this year

The Third Point Offshore Fund was up 19.2% through the end of April and remains far ahead despite losing ground in May.

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Dan Loeb’s Third Point is at the top of AR’s list of brand-name funds in terms of performance this year, with the firm’s latest monthly update, in April, showing the event driven, value-oriented fund is still experiencing significant gains from its credit exposure.

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