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Billionaire hedge fund manager Dan Loeb’s Third Point is crushing the competition





Daniel Dan Loeb

  • Dan Loeb’s Offshore and Ultra funds hold respective gains of 14.5% and 23% this year.
  • The average hedge fund was up 5.92% through September 2017.

Third Point LLC, the hedge fund founded by billionaire investor Daniel Loeb, continues to post impressive returns when compared to its peers.

In a letter to clients Friday, following the end of the third quarter, the fund reported year-to-date returns of 14.5% for its Offshore Fund and 23.0% for its Ultra fund.

The average fund was up 5.92% through September 2017, according to Hedge Fund Research.

Third Point Q3 results

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Source:: BusinessInsider.Com

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