Third Point Funds Up 14.7%, 21.8% Through May

Jun 4 2013 | 12:02pm ET

Third Point's banner 2013 continued in May.

The $13 billion hedge fund saw its Third Point Ultra fund add 5.3% on the month; it is now up 21.8% on the year, Reuters reports. The New York-based firm's flagship rose 3.7% in May to hit 14.7% on the year.

The flagship returned 21% last year.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

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

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of