Sackett, Trading Chief At Third Point, Dies

Mar 12 2010 | 8:07am ET

Adam Sackett, co-head of trading at hedge fund Third Point, died Wednesday night. He was 35 years old.

In a letter to investors, Third Point founder Daniel Loeb said the cause was a bacterial infection “that set upon him suddenly.”

Sackett had worked at the New York-based hedge fund for more than five years. Loeb called him “brilliant, kind, funny and endlessly giving.” He is survived by his wife, Stacy, and two young children, two-and-a-half-year-old Carly and nine-month-old Ryan.

Third Point has established a trust fund to help pay for the education of Sackett’s two children.

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