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

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of