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Stephen Taub
Premium
Third Point’s Late-Year Setback
Why Dan Loeb’s hedge fund gave back some of its strong gains in the final months of the year.
Stephen Taub January 6, 2022
Dan Loeb (David Paul Morris/Bloomberg)

Dan Loeb

(David Paul Morris/Bloomberg)

Dan Loeb’s Third Point posted its second straight monthly loss.As a result, the multistrategy and event-driven firm, which had been outperforming the major market indices for most of the year, wound up lagging the S&P 500 in 2021.The $8.2 billion Third Point Offshore fund lost

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