Third Point gains 3.8% in January

By Lawrence Delevingne

Wed Feb 1, 2012

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Dan Loeb’s Third Point is off to a strong start after a flat 2011.


   
   Dan Loeb
Investors who allocated to Dan Loeb last year, boosting Third Point’s assets by 77%, are already enjoying a happy new year. The flagship Third Point Offshore Fund gained an estimated 3.8% net of fees in January, according to an investor communication, and the levered Third Point Ultra rose 5.8%.

The offshore fund gained just 0.4% in 2011. In...

ISSN: 2151-1845 / CDC10004H

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