Third Point Extends Gains, Raises $2 Billion This Year

July 07, 2017   Stephen Taub

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The multistrategy firm has also pared back its net exposure in its equity and credit books.

Investors are bullish on Dan Loeb’s Third Point — and why not? The firm’s multistrategy hedge fund is among the better performers this year, apart from the long-short funds turbo-charged by internet stocks. Third Point Offshore climbed 0.70 percent in …

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