Formerly | Third Point Management Company L.L.C. (1995–2006) |
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Industry | Investment management |
Founded | 1995 |
Founder | Daniel S. Loeb |
Headquarters | 55 Hudson Yards, New York City, U.S. |
Key people | Daniel S. Loeb (CEO & CIO) |
Products | Hedge fund |
AUM | US$15.9 billion (as of April 30, 2022[update]) |
Website | www |
Third Point is a New York-based hedge fund founded by Daniel S. Loeb in 1995. The firm operates as an employee-owned and SEC-registered investment advisor.
Third Point primarily invests in public equity, fixed income, and ADR markets globally and deploys an investment strategy that capitalizes on companies “undergoing events such as spinoffs or bankruptcies and pushes for corporate change".[1] It also manages Third Point Reinsurance, a property and casualty reinsurer, and Third Point Offshore Investors, a UK-based closed-end investment company. Third Point's funds include: Third Point Partners, Third Point Opportunities Master Fund, Third Point Ultra Master Fund, and Third Point Resources. Third Point Ventures, its capital arm, invests in startup technology alternative energy and clean technology companies.[2]
Headquartered in New York City, the firm also has six additional offices: in Sunnyvale, California; Los Angeles, California; Stamford, Connecticut; Bangalore, India; Hong Kong; and London.[2]