Unstructured Finance

Daniel Loeb surfing to the top of the hedge fund charts again

March 27, 2013

Something must be in the water over at 399 Park Avenue, where Daniel Loeb’s hedge fund Third Point is headquartered. His Third Point Ultra fund has already gained 12.42 percent this year through the 13th of March, according to data from HSBC’s Private Bank.

Hedge fund scorecard 2012: Mortgage masters win, Paulson on bottom again

January 28, 2013

Mortgage funds roared home with returns of almost 19 percent last year, trouncing all other hedge fund strategies and beating the S&P 500 stock index, which rose 13 percent.

Daniel Loeb goes long Chesapeake bonds; leaves activism to others

July 25, 2012

Daniel Loeb, who runs $8.7 billion at his hedge fund Third Point, has been an opportunistic buyer in the bonds of Chesapeake Energy, the embattled natural gas producer, according to sources familiar with the matter.