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Third Point Surged in November

Dan Loeb’s multistrategy firm is solidly in the black thanks to strong gains from equities.

Dan Loeb’s Third Point Offshore gained 9.1 percent in November, putting the multistrategy fund up a solid 12.3 percent for the year, according to the firm’s monthly report.Third Point’s equity book, which accounted for the bulk of third quarter gains, continued to drive returns. After November's performance, Third Point is

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