Third Point Extends Its Losing Streak

The multistrat fund headed by Dan Loeb is down by double-digits so far in 2022.

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

Dan Loeb, CEO of Third Point

(David Paul Morris/Bloomberg)

Dan Loeb’s Third Point Offshore has posted another monthly loss.

The equity-heavy multistrategy fund posted a 2.7 percent decline in February and is now down 10.3 percent for the year, according to its monthly client report. This compares with an 8 percent loss in the S&P 500, including dividends reinvested.

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