Exclusive: Dan Loeb’s Third Point pivots from activist campaigns

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Michelle deBoer-Jones
Published on
Updated on

Dan Loeb’s Third Point posted gains mostly from its equity book in August, although credit also added about 100 basis points to the return.

Q2 2020 hedge fund letters, conferences and more

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Taking profits from activist campaigns

On his call with investors about the fund’s August returns, a transcript of which was provided to ValueWalk,

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.