Third Point Management Company - Investor Profile
|390 Park Avenue||Total AUM ($MM):||2,231|
|18th Floor||Equity AUM ($MM):||1,403|
|New York, NY 10022||Investment Style:||Value|
|United States||Orientation:||Shareholder Activist|
|Phone: 212-224-7400 ||Investor Type:||Hedge Fund Manager|
|Fax: 212-224-7401 |
Institutional Investor Background
Third Point Management Company is a hedge fund manager founded in 1995 by Chief Executive Officer Daniel S. Loeb with a focus on activist investing. The firm's hedge funds include Third Point Partners, Third Point Opportunities Master Fund, Third Point Ultra Master Fund and Third Point Resources. The firm's venture capital arm, Third Point Ventures, is based in Sunnyvale, California and invests in early stage tech alternative energy, and clean tech companies. Third Point Ventures is led by Robert Schwartz who has more than 25 years of experience in private equity and technology company management. Third Point Management is based in New York, with additional offices in Los Angeles, Hong Kong, Bangalore and London.
Investor Regional and/or Country Focus: North America, United States
Founders and Key Executives of Third Point Management Company: Daniel Loeb; Munib Islam; Robert Schwartz; Tim Lash; James L. Carruthers*
Entities related to Third Point Management Company: Third Point LLC; Third Point Opportunities Master Fund LP; Third Point Resources LP; Third Point Ultra Master Fund LP; Third Point Ventures
*Denotes that the person or entity is no longer related to the firm. **If you would like to submit investor updates, please click here. ***Relevant firms may include firms where founders previously worked, funds that were spun-off from the firm, funds that were seeded by the firm and/or unrelated firms that were founded by veterans of the fund. For specific details, please review the Investor Background sections for each firm of interest.
Third Point Management Company's Top 10 Equity Holdings
|Yahoo Inc (YHOO)
|Virgin Media Inc (VMED)
|American International Group Inc (AIG)
|International Paper Co (IP)
|News Corp Class A (NWSA)
|Tiffany & Co (TIF)
|Murphy Oil Corp (MUR)
|Delphi Automotive Plc (DLPH)
|BE Aerospace Inc (BEAV)
|Dollar General Corp (DG)
Articles Related to Third Point Management Company
|Date: August 4th, 2009|
|Reports have arisen suggesting that the FDIC will seize troubled Texas-based Guaranty Bank (NYSE: GFG). According to an article by Teri Buhl on Goingconcern.com,...|
|Date: May 1st, 2009|
|The New York Times DealBook got a hold of hedge fund Third Point Management Co’s most recent investor letter and reports that the hedge fund’s founder...|
|Date: July 22nd, 2008|
|Daniel Loeb of Third Point has targeted The Phoenix Cos, an insurance
company. He has called for the removal of its CEO, Dona Young. He
|Date: July 17th, 2008|
|In April of 2007 Third Point increased its holdings to 9.7% of the company's outstanding stock and demanded the company fire CEO Mark McDade. An internal...|
|Date: May 22nd, 2008|
|Mr. Icahn currently has a 4.3% stake in yahoo along with many
supporters. Third Point LLC, the activist hedge-fund firm run by
Daniel Loeb, strongly...|
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|Date: March 5th, 2007|
|On March 5th of 2007 Third Point, LLC, an activist hedge fund purchased 8.6 million shares in PDL BioPharma. PDL BioPharma is a biopharmaceutical company...|
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