Oct 23 2013 | 1:16pm ET
Its coffers swelled by strong returns this year, Third Point will return capital to investors for the first time at the end of the year.
The New York-based hedge fund, which has about $14 billion in assets, will return about 10% of it to investors "in an effort to moderate" its growth. Third Point's move follows similar decisions by the likes of Baupost Group, Moore Capital Management and Tiger Global Management.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…