Dan Loeb Takes "Proxy Fight" To Moms At Condo Pool

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Mark Melin
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When he wasn’t battling corporate boards for control, Dan Loeb, among an elite group of successful activist hedge fund managers, took his “proxy fight” activity home to his celebrated Central Park West condominium building to battle with moms for control over the swimming pool temperature. Triathlete Loeb likes pool temperature cold Loeb, 52, founder of activist hedge fund Third Point and one of the wealthiest hedge fund managers with a net worth estimated at $2.2 billion, is known to be a focused tri-athlete who likes the pool temperatures cold.   The moms at Fifteen Central Park West, and more importantly their…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.