Exclusive: Dan Loeb’s Two New Stock Picks [Q1 Letter]Jacob Wolinsky
Third Point's Dan Loeb discusses their new positions in a letter to investor reviewed by ValueWalk. Stay tuned for more coverage.
Loeb notes some new purchases as follows:
Third Point’s investment in Grab is an excellent example of our ability to “lifecycle invest” by being a thought and financial partner from growth capital stages to IPO. We owned Grab shares as a venture capital position, were owners of both shares and warrants in the Altimeter SPAC (the organization that sponsored the announced transaction) and are committed to participating in the PIPE transaction for its ultimate de . . .
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