Exclusive: Third Point Expands Private Equity Business With New $300 Million Fund – ValueWalk Premium
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Exclusive: Third Point Expands Private Equity Business With New $300 Million Fund

Dan Loeb's Third Point recently completed the first close for TPVC, its new dedicated private growth-stage fund. The $300 million fund is part of Third Point's private investing strategy.

At the end of February, Third Point managed $16.5 billion overall for clients around the world.
New talent
According to an investor update dated March 5th and seen by ValueWalk, the firm has been adding "assets and talent" to boost its investment efforts in private companies.

As part of the initiative, Heath Terry will be joining Third Point, where he will focus on late-stage investments in . . .

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