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.


In Depth

MiFID2 For U.S. Firms: Key Questions Answered

Feb 27 2017 | 4:54pm ET

The January 2018 deadline for implementation of the EU’s mammoth MiFID2 regulations...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of