Dan Loeb is a highly respected value and activist investor, hedge fund manager, and philanthropist. He is the Founder, CEO, and Chief Investment Officer of Third Point LLC, a New York-based hedge fund established in 1995. Throughout his career, Loeb has been at the forefront of investing across equities, credit, and venture capital, leveraging deep analytical insights and a value-oriented approach. He is particularly known for his activist campaigns, engaging with corporate boards to drive strategic change and enhance shareholder value across diverse industries and geographies. Prior to founding Third Point, Loeb accumulated extensive experience on both the buy and sell sides of the financial markets, specializing in distressed debt, high-yield bonds, risk arbitrage, and private investments. Over the years, he has served on numerous public company boards, influencing governance and strategic decisions that have delivered substantial value to shareholders.
Dan Loeb Professional Experience / Academic History
Professional Experience
Academic History
CURRENT AFFILIATIONS
Member, Council on Foreign Relations
Member, American Enterprise Institute's National Council
Board Member, Success Academy Charter Schools
Trustee, Manhattan Institute
Trustee, United States Olympic Committee
Trustee, Museum of Contemporary Art in Los Angeles
Trustee, Mount Sinai Health System and Ronald M. Loeb Center for Alzheimer’s
THIRD POINT LLC
As CEO and CIO of Third Point LLC, Dan Loeb leads the hedge fund in investing across equity and credit securities in U.S. and international markets.
In addition to providing strategic guidance to numerous companies, he has served on five publicly traded company boards: Ligand Pharmaceuticals, POGO Producing Co., Massey Energy, Yahoo!, and Sotheby’s, where he helped oversee the successful sale of the company.
In recent activity, Third Point sold 900,000 shares of Alphabet Class A stock to exit its position in the last quarter of 2023.
The firm also significantly reduced its stakes in Uber, Amazon, Microsoft, and Taiwan Semiconductor, while increasing holdings in Meta during the same period.
EARLY CAREER
Dan Loeb began his finance career at Warburg Pincus (1984–1987), gaining experience in corporate development, risk arbitrage, and high-yield bond sales.
He later served as Senior Vice President at Jefferies and as Vice President of High Yield Bond Sales at Citigroup.
Loeb also held board positions at Massey Energy and Ligand Pharmaceuticals before founding Third Point.
PHILANTHROPY
Through The Margaret and Daniel Loeb Foundation, Loeb supports Alzheimer’s research, education reform, and LGBT rights.
The foundation funds initiatives that promote economic opportunity, education, and medical research.
He also launched a collaborative initiative with Paul Singer and the Human Rights Campaign, the largest LGBT civil rights organization in the U.S.
MEDIA PRESENCE
Dan Loeb has been featured in leading financial and mainstream media outlets including The New York Times, Bloomberg, Forbes, Reuters, The Wall Street Journal, CNBC, Business Insider, Vanity Fair, Fortune, Fox Business, Financial Times, and Yahoo! Finance.
He has also been quoted in Institutional Investor and MarketWatch.