Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
HomeAll newsMost read newsBusiness Leaders Biography
Portrait de Daniel Loeb
Age : 55
Public asset : 136,968,848 USD
Country of residence : Unknown
Linked companies : Sothebys

Summary 
Mr. Daniel S. Loeb is Chief Executive Officer at Third Point LLC, Founder & CEO at Third Point Ventures LLC, Chairman at Success Academy Charter Schools, Inc., a Member at Council on Foreign Relations, Inc., a Member at The Brookings Institution, a Member at The Washington Institute for Near East Policy and Member-National Council at American Enterprise Institute for Public Policy Research.

He is on the Board of Directors at Sotheby's, Manhattan Institute For Policy Research, Inc., Prep for Prep, The Mount Sinai Hospital, The Museum of Contemporary Art, Los Angeles, The United States Olympic Endowment and Third Way.

He founded Third Point in 1995 and leads portfolio management, risk management and research activities.

Mr. Loeb worked on both the buy and the sell sides for over a decade, gaining dedicated experience in distressed debt, high-yield bond sales, risk arbitrage and private investments. Immediately before starting Third Point, he was Vice-President of high-yield bond sales at Citigroup. Previously, he was a Senior Vice-President in the distressed debt department at Jefferies & Co., where he worked as a bankruptcy analyst, bank loan trader and distressed securities salesman. Before Jefferies, he was a risk arbitrage Analyst at Lafer Equity Investors.

He began his career as an Associate in private equity at Warburg Pincus.[

He graduated from Columbia University with an A.B. in economics in 1983.


Current positions of Daniel Loeb 
NameTitle Since
Sothebys
(Home Furnishings Retailers)
Independent Director 2014
Third Point Ventures LLC Founder & CEO 1995
Success Academy Charter Schools, Inc. Chairman -
The Mount Sinai Hospital Trustee -
The United States Olympic Endowment Trustee -
Prep for Prep Trustee -
The Museum of Contemporary Art, Los Angeles Trustee -
Manhattan Institute For Policy Research, Inc. Trustee -
Third Way Trustee -
The Brookings Institution Member -
Council on Foreign Relations, Inc. Member -
American Enterprise Institute for Public Policy Research Member-National Council -
The Washington Institute for Near East Policy Member -
Third Point LLC Chief Executive Officer 1995


Holdings of Daniel Loeb 
NameEquities%Valuation
Third Point Reinsurance Ltd (TPRE)
Reinsurance
9,681,4519.02%136,024,387 USD
Green Brick Partners Inc (GRBK)
Homebuilding
99,9430.20%944,461 USD


Daniel Loeb : Personal Network 
NameLinked companies
Ian Goeffrey Wallace Third Point LLC
Munib Ziaul Islam Third Point LLC
David Whalen Bonanno Third Point LLC
Leon Black The Mount Sinai Hospital
Prep for Prep
Council on Foreign Relations, Inc.
Diana L. Taylor Sothebys
Council on Foreign Relations, Inc.
James Tisch Council on Foreign Relations, Inc.
The Mount Sinai Hospital
The Museum of Contemporary Art, Los Angeles
Peter R. Orszag The Mount Sinai Hospital
The Brookings Institution
Council on Foreign Relations, Inc.
John Thornton Council on Foreign Relations, Inc.
The Brookings Institution
Mortimer Zuckerman The Washington Institute for Near East Policy
Council on Foreign Relations, Inc.
Joshua J. Harris Council on Foreign Relations, Inc.
The Mount Sinai Hospital


Biography of Daniel Loeb 
Daniel Seth Loeb (born December 18, 1961) is the founder and chief executive of Third Point LLC, a New York-based hedge fund with $12.9 billion in assets.

Biography
Loeb was raised in a Jewish family in the Los Angeles area, one of three children of Ronald and Clare Spark Loeb. His father was a partner at the Los Angeles law firm of Irell & Manella LLP and general counsel for Williams-Sonoma. His mother is a historian. Loeb’s great-aunt, Ruth Handler, created the Barbie doll and co-founded Mattel Inc.

According to Bloomberg Markets Magazine, Loeb grew up in Santa Monica Canyon in California, and attended Palisades Charter High School, commonly known as 'Pali High' in the Pacific Palisades neighborhood of Los Angeles. Later, he attended University of California at Berkeley for two years before subsequently graduating from Columbia University with a degree in Economics.

Prior to founding Third Point in 1995, Loeb worked at Citicorp and Warburg Pincus.

He is also a founding Master Player of the Portfolios with Purpose virtual stock trading contest.

Opinions

Loeb is well known in the financial world for writing public letters, in which he expresses disapproval of the performance and conduct of other financial executives. Supporters contend his letter writing is effective shareholder activism; critics counter that his letters are distracting for executives and uncomfortable for investors. Less than 10% of Third Point's total assets under management goes to shareholder activism.

Loeb has argued that the United States government is undergoing a 'crisis of leadership'; in his opinion, the administration of President Barack Obama is committed to 'redistribution rather than growth'.

In 2013, Loeb was a signatory to an amicus curiae brief submitted to the Supreme Court in support of same-sex marriage during the Hollingsworth v. Perry case.


Source @ Wikipedia



Most Read News 
09/19 VINCENT BOLLORÉ : Vivendi shares climb after HSBC upgrades rating on stock
09/20 WARREN BUFFETT : Buffett calls pessimists about United States 'out of their mind'
09/19 FRANÇOIS PINAULT : Pinault's holding group launches Kering 375 million-euro convertible bond offer
09/19DJJOHN CHAMBERS : Cisco's Chambers Will Step Down -- WSJ
09/23 MARK ZUCKERBERG : Zuckerberg nixes new Facebook share class after shareholder lawsuit
09/19DJELON MUSK : Northrop Grumman Move to Acquire Rocket Maker Reflects Military Space Race
10:35a WILBUR ROSS : U.S. Commerce Secretary Ross tells China to guarantee fair treatment for U.S. firms
09/21 LILIANE BETTENCOURT : Billionaire L'Oreal heiress Bettencourt dies aged 94
09/22 LILIANE BETTENCOURT : Billionaire L'Oreal heiress Bettencourt dies aged 94
09/22 DAVID HENRY : Equifax under pressure from banks to shape up
More news


© 2017 People and Ownership :   
Advertisement
Daniel Loeb : Connections 
Berry Plastics Holding Corp.
Prep for Prep
China Securities Regulatory Commission
American Academy of Arts & Sciences


Latest news about Daniel Loeb 
09/23DJEyes on L'Oréal-Nestlé Ties -- WSJ
09/22DJInvestors Wonder What's Next for L'Oréal and Nestlé After Bettencourt Death
09/19 SALE OF EX-TRUMP AIDE SCARAMUCCI'S SKYBRIDGE ON TRACK : executive
09/15DJNESTLE : Specialty Coffee Retailer and Nestlé Brew a Deal -- WSJ
09/14DJNESTLÉ : Buys Majority Stake in Premium Coffee Chain Blue Bottle -- Update
09/12 DOWDUPONT : alters post-merger breakup plans amid investor pressure
09/12 WALL STREET STOCK EXCHANGE : DowDuPont alters post-merger breakup plans amid investor pressure
More news


Popular Business Leaders 
William Ackman Jean-paul Agon Liliane Bettencourt Jeff Bezos Vincent Bolloré Warren Buffett Antony Burgmans John Chambers Jean-paul Clozel Gary Cohn Tim Cook Jamie Dimon Ralph Dommermuth John Edwards David Einhorn Kenneth Frazier Carlos Ghosn David Henry Carl Icahn Dara Khosrowshahi Robin Li Daniel Loeb Jack Ma Sergio Marchionne Lachlan Murdoch Elon Musk Xavier Niel Indra Nooyi Michael O'leary Kazuo Okada Larry Page Robert Parker John Paulson Nelson Peltz Wolfgang Porsche Thomas Rabe Wilbur Ross Sheryl Sandberg Charles Schwab Vishal Sikka Carlos Slim Pascal Soriot Ulrich Spiesshofer Rupert Stadler Thomas Wilson Martin Winterkorn Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders