Third Point Rises In August

Sep 5 2012 | 9:58am ET

Third Point may be getting some unwanted publicity today, but its investors are likely to be more interested in its continued success this year.

The New York hedge fund, which saw its name dragged through the mud in a lawsuit filed by the estranged wife of one its executives, said its flagship fund rose 1.8% last month, Reuters reports. Third Point Partners is up 7.9% on the year.

Third Point Ultra is doing even better: It's up 11.2% after rising 2.7% in August.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...