Third Point Ends 2014 On A Down Note As Sothebys, Espirito Santo Fall

Dan Loeb's Third Point LLC suffered a negative return in the month of December, according to investment returns from Third Point Reinsurance's December stat sheet. Third Point was down 1.2% in the last month of 2014, which brought its total returns for the year to +5.2%.

Dan Loeb's firm manages over $17.5 billion across its different businesses, up from $14 billion last year. Despite the less than stellar return this year, the fund managed to talk up the shares of a few . . .


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