Third Point AUM Hit Record $10 Billion In November
Third Point's assets under management (AUM) have hit a record of $10 billion, according to a shareholder letter. The value oriented hedge fund, which is run by Dan Loeb, is up 17.0% year to date. The hedge fund was up 2.9% in the month of November.
Total AUM in the prior month was at $9.6 billion. The hedge fund operator's flagship fund now has total assets of slightly over $5 billion, as opposed to $4.87 billion last month.
Net . . .
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