SentinelOne Stands Out in an Otherwise Muted Month for Third Point

Dan Loeb’s multistrategy fund has continued to benefit from its venture capital investments.

Dan Loeb, CEO of Third Point. (David Paul Morris/Bloomberg)

Dan Loeb, CEO of Third Point.

(David Paul Morris/Bloomberg)

July was mostly an unremarkable month for Dan Loeb’s Third Point Offshore.

The multi-strategy fund posted a 0.4 percent loss and no strategy contributed a gain or loss of more than 40 basis points, according to its monthly client report. (Through July, the fund was up 14.7

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