Third Point’s Dan Loeb recently highlighted a continued upswing for event-driven investing led by some lesser-known players in AI and machine learning.
The Third Point Offshore Fund logged gains of 29.5% for the year-to-date through September 30, according to an investor letter obtained by Alternatives Watch.
Loeb wrote that the $17 billion firm’s top performers on a percentage basis last quarter were AI-driven consumer lending company Upstart and machine-learning based cybersecurity provider SentinelOne.
Upstart was up 153% over the quarter and has . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
