Third Point Management
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Third Point Management
Third Point Management is a New York City, New York-based hedge fund founded by Daniel S. Loeb in 1995. The firm operates as an employee-owned and SEC-registered investment advisor with approximately $16 billion in assets under management . As of December 2016, it has returned an average of 15.7% a year since inception. Third Point primarily invests in public equity, fixed income, and American depositary receipt, ADR markets globally and deploys an investment strategy that capitalizes on companies “undergoing events such as spinoffs or bankruptcies and pushes for corporate change". It also manages Third Point Reinsurance, a property and casualty reinsurer, and Third Point Offshore Investors, a UK-based Closed-end fund, closed-end investment company. Third Point's funds include: Third Point Partners, Third Point Opportunities Master Fund, Third Point Ultra Master Fund, and Third Point Resources. Third Point Ventures, its capital arm, invests in startup technology alternative ...
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Daniel S
Daniel is a masculine given name and a surname of Hebrew origin. It means "God is my judge"Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 68. (cf. Gabriel—"God is my strength"), and derives from two early biblical figures, primary among them Daniel from the Book of Daniel. It is a common given name for males, and is also used as a surname. It is also the basis for various derived given names and surnames. Background The name evolved into over 100 different spellings in countries around the world. Nicknames (Dan, Danny) are common in both English and Hebrew; "Dan" may also be a complete given name rather than a nickname. The name "Daniil" (Даниил) is common in Russia. Feminine versions ( Danielle, Danièle, Daniela, Daniella, Dani, Danitza) are prevalent as well. It has been particularly well-used in Ireland. The Dutch names "Daan" and "Daniël" are also variations of Daniel. A related surname develop ...
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