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Stephen Taub
Premium
How Third Point’s Big Bet Paid Off
Inside the multistrategy fund’s credit book, best and worst performers, and current positioning.
Stephen Taub October 5, 2020
Daniel Loeb (David Paul Morris/Bloomberg)

Daniel Loeb

(David Paul Morris/Bloomberg)

Third Point’s big credit bet has paid off so far this year — or at least has kept it out of the red.The multistrategy firm’s Third Point Offshore Fund gained 11.7 percent in the third quarter despite a slight loss in September, according to its

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