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Why Activism Paid off for Dan Loeb’s Third Point

The hedge fund firm said it is developing methods to “systematize” its growing emphasis on governance.

Activism is playing a much bigger role at Dan Loeb’s Third Point these days than in the past.The strategy currently accounts for about 40 percent of its flagship fund’s exposure, according to the first-quarter letter sent to clients of its Third Point Offshore fund.For many years Third Point was best

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