paid-only post

Third Point LLC

I. Basics

Third Point LLC (“Third Point”) is an SEC-registered investment adviser based in New York City. The firm, founded in 1995 by Daniel S. Loeb, who serves as CEO and oversees all investment activity, employs a flexible, opportunistic investment style. The fund seeks to identify opportunities across the capital structure with a recognizable catalyst anticipated to unlock value.

Third Point’s team comprises professionals focused on investment activity, risk management, and trading, supported by highly experienced personnel in accounting, operations, investor relations and marketing, and legal and compliance. The firm manages assets for corporate and public pensions, sovereign wealth funds, endowments, foundations, funds of funds, and high-net-worth individuals.

Daniel S. Loeb

Daniel S. Loeb is the CEO of Third Point LLC, a New York-based asset management firm founded in 1995, investing in equity and credit securities globally. The firm engages with company management and boards to improve performance and takes passive stakes for long-term value creation. Loeb has served on the boards of Ligand Pharmaceuticals, POGO Producing Co., Massey Energy, Yahoo!, and Sotheby’s. A 1983 graduate of Columbia University with an A.B. in economics, he endowed the Daniel S. Loeb Scholarship and received the John Jay Award for distinguished achievement. In 2020, he was honored with the Alexander Hamilton Award by the Manhattan Institute for his philanthropy.

II. Letters & Presentations

Letters

Bath & Body Works, Inc. - 22-Feb-2023

Soho House & Co Inc. - 29-Jan-2025

III. Live "significant" companies
Companies with fund stakes involved in activist actions such as 13D filing(s) or proxy campaign(s).
This post is for paying subscribers only

Subscribe to continue reading