This content is from: Premium
Third Point Posts Big February Loss
Most of its flagship fund’s losses were driven by equity long holdings.
Dan Loeb’s flagship Third Point fund posted a big loss in February, pushing the multistrategy hedge fund into negative territory for the year, according to the hedge fund firm’s monthly statistical report to clients.Most of the Third Point Offshore fund’s February losses were attributed to the equity long book, which
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.