Tag Archive | "dan loeb"

Third Point Funds Up 9-13% YTD

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Performance update.



Article courtesy of Dealbreaker

Third Point Closed To New Investors

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The firm is up to $7.2 billion in assets (from $6.7 billion last month) and needs to get comfortable with that before it can think about taking on any “new relationships.” [AR]



Article courtesy of Dealbreaker

Lloyd Blankfein, John Mack, Dan Loeb Et Al Sign Marriage Equality Letter

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An letter to Albany:

April 28, 2011

New York has rich resources that position our state for continued success in the 21st century – a leading financial center, strong industry clusters, and renowned educational, research and cultural institutions. But major employers know that the single greatest asset New York has to offer is its ability to attract the best talent from around the world. This is crucial, because the size, quality and diversity of the talent pool are the first criteria for business in determining where to locate jobs.

To remain competitive, New York must continue to contend with other world cities to attract top talent. Increasingly, in an age where talent determines the economic winners, great states and cities must demonstrate a commitment to creating an open, healthy and equitable environment in which to live and work.

This is why it is so important that New York State grant full rights to all of its citizens by passing marriage equality. As other states, cities and countries across the world extend marriage rights regardless of sexual orientation, it will become increasingly difficult to recruit the best talent if New York cannot offer the same benefits and protections.

Many employers have adopted non-discrimination policies and extended domestic partner benefits long before most cities and states passed them into law. As New Yorkers and business leaders, we believe that attracting talent is key to our state’s economic future. We strongly urge New York State to enact marriage equality legislation to help maintain our competitive advantage in attracting the best and brightest people the world has to offer and to reaffirm our commitment to both freedom and fairness.

Candace K. Beinecke
Tom A. Bernstein
Lloyd C. Blankfein
Kevin Burke
Philippe P. Dauman
Daniel L. Doctoroff
Patrick C. Dunican, Jr.
Thomas Glocer
Jonathan N. Grayer
Klaus Kleinfeld
Rochelle B. Lazarus
Daniel S. Loeb
John J. Mack
Alan J. Patricof
Ronald O. Perelman
William C. Rudin
Kevin P. Ryan
Paul E. Singer
Jerry I. Speyer
Jes Staley
Stuart Match Suna
Kathryn S. Wylde
Strauss Zelnick
Mortimer B. Zuckerman

NY’s Business Leaders Want Marriage Equality, Too [Gothamist]



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Third Point Up 8.6 Percent For The Quarter

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Third Point First Quarter Letter 2011 [PDF]

Earlier: Dear Third Point Investors



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Which Hedge Fund Managers Made A Nice Amount Of Money In 2010?

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Those ranked 11-25 on AR Magazine’s annual paycheck list.

25. Dan Loeb: 210 million
24. James Dinan: 210 million
23. Seth Klarman: 240 million
22. Leon Cooperman: 240 million
21. Andrew Hoine: 250 million
20. Stanely Druckenmiller: 250 million
19. Michael Platt: 270 million
18. David Shaw: 275 million
17. Steve Mandel: 290 million
16. Israel Englander: 375 million
15. Daniel Och: 390 million
14. Wiliam Ackman: 390 million
13. Marc Lasry: 400 million
12. Michael Hintze: 400 million
11. Ken Griffin: 410 million

Related: Highest Paid Hedge Fund Managers Slipped In 2010



Article courtesy of Dealbreaker

Dan Loeb: 2010 Was Characterized By Third Point Kicking Ass On All Fronts

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2010 Q4 Third Point Investor Letter [PDF]



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Third Point Starts The Year Off Not Too Shabby

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January performance.

Earlier: 2010 Was Good To Third Point Investors



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2010 Was Good To Third Point Investors

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If you’re into 30-40 percent returns.



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Dan Loeb: Ben Bernanke’s 60 Minutes Interview Was A Staged Infomercial

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This, and a psychological evaluation of The Beard, in Third Point's Q3 letter.


Third Point Third Quarter Letter 2010 [PDF]



Article courtesy of Dealbreaker

Dear Third Point Investors

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November performance.



Article courtesy of Dealbreaker