Tuesday, 26 May 2015
Last updated 9 min ago
Nov 2 2012 | 1:55pm ET
Third Point continued its strong run in 2012 last month as it nears the $10 billion asset level for the first time.
The New York-based hedge fund said its $4.87 billion flagship hedge fund was up 2.4% last month and is up 13.8% on the year, ValueWalk reports. Third Point founder Daniel Loeb credited much of the success with his bet on Greek debt, which has risen to become one of its three largest positions and was its biggest winner on the month.
Third Point is also investing in Greek stocks, and found success last month with Yahoo! Inc., Murphy Oil Corp., American International Group and Dolphin Capital Investors.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…