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How Dan Loeb’s Third Point Is Outperforming

The multistrategy fund is beating the S&P 500 this year.

Prudential was one Third Point's biggest winners in February. (Victor J. Blue/Bloomberg)
Prudential was one Third Point's biggest winners in February. (Victor J. Blue/Bloomberg)

Dan Loeb’s Third Point Offshore is off to a pretty good start this year.The multistrategy fund gained 2.2 percent in February and is now up 4.1 percent for the first two months, according to Third Point’s latest monthly report. This easily exceeded the S&P 500 index’s 1.5 percent gain this

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