Tag: third point

Hedge Fund Boss Dan Loeb Gets Slammed By George Clooney

Clooney slams hedge fund boss Dan Loeb and calls him carpetbagger.
“[Dan Loeb] calls himself an activist investor, and I would call him a carpetbagger, and one who is trying to spread a climate of fear that pushes studios to want to make only tent poles,” Clooney said.

How Hedge Funds Traded Us Stock in the First Quater

Hedge funds 13-F reports with the U.S. Securities and Exchange Commission, shedding some light on how they traded in U.S. stocks in the first quarter.

Chase Coleman’s $12 billion Tiger Global Management sold 790,000 Apple shares in the quarter, while Cliff Asness’s $80 billion AQR Capital Management sold about 150,000 shares.

Dan Loeb Bets Big on Greek Dept and Wins

Dan Loeb, activist hedge fund manager, built a major position in distressed Greek government bonds.  His nearly $5 billion hedge fund  Third Point Offshore Fund gained 3.4 percent last month, helped by its position in Greek debt. Dan Loeb, activist…

Dan Loeb – Third Point

Daniel Seth Loeb has Net Worth of $1.3 Billion. He was born December 18, 1961 and he’s a hedge fund manager and founder of Third Point LLC Hedge fund manager known for harsh letters to corporate executives and board members,…

Newest Hedge Funder Reinsurer John Paulson

John Paulson joins hedge funders in the reinsurance business making a  deal with reinsurer Validus Holdings. Dan Loeb’s Third Point LLC set up a reinsurer called TP Re, while Steve Cohen’s SAC Capital has set plans to open up SAC…

Dan Loeb Letter to Yahoo’s Chief

Mr. Scott Thompson Chief Executive Officer Yahoo! Inc. 701 First Avenue Sunnyvale, CA 94089 March 28, 2012 Dear Scott: As we discussed, Third Point LLC (“Third Point”), Yahoo!’s largest outside shareholder, was disappointed that you and the Board of Directors…

Third Point Want 4 Seats on Yahoo Board

Hedge fund Third Point, which has a 5.8% stake in Yahoo (YHOO), said it believes the company would fare better if its representatives were in the boardroom helping overhaul Yahoo. Third Point’s letter, released in a regulatory filing Wednesday, comes…