Yesterday we posted Third Point’s returns for October and YTD, which came in at 1.2% and 19.4% respectively. October could be a rounding error but the difference between what we posted and the 19.4% both come directly from Third Point RE, we will reach out for comment, but either way the difference is not great. What is interesting is how Loeb gained (slightly) from his shorts, in contrast to many other value funds. Below is the October summary and positioning sheet.
— ValueWalk.com (@valuewalk) November 1, 2013
Corsair Capital Launches New SPAC Fund
Last year, 248 Special Purpose Acquisition Companies were launched on the public markets. That was up from a total of 59 in 2018 and 46 in 2018. Q4 2020 hedge fund letters, conferences and more The sector is expected to see further growth in 2021. This year, 144 SPACs have already been priced, and another Read More
Also check out Third Point Q3 letter to investors.
2013-10-October-Monthly-Report-TPOU.pdf by ValueWalk.com