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 : 161,680,232 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%161,680,232 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 Council on Foreign Relations, Inc.
The Mount Sinai Hospital
Prep for Prep
Diana L. Taylor Sothebys
Council on Foreign Relations, Inc.
James Tisch The Mount Sinai Hospital
Council on Foreign Relations, Inc.
The Museum of Contemporary Art, Los Angeles
Peter R. Orszag The Brookings Institution
The Mount Sinai Hospital
Council on Foreign Relations, Inc.
John Thornton The Brookings Institution
Council on Foreign Relations, Inc.
Mortimer Zuckerman Council on Foreign Relations, Inc.
The Washington Institute for Near East Policy
Joshua J. Harris The Mount Sinai Hospital
Council on Foreign Relations, Inc.


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 
11/16 GEORGE SOROS : Soros, Cohen among big name investors betting on Argentine startups
11/16 LACHLAN MURDOCH : Narrow win for Fox shows restlessness with dual-class shares
11/16 WILLIAM ACKMAN : Ackman sells Air Products, Nomad Foods positions, makes strong profit
11/17 LLOYD BLANKFEIN : Goldman CEO Blankfein calls for second vote on Brexit
11/17 VINCENT BOLLORÉ : Vivendi's music unit UMG worth more than $40 billion, CEO says
11/16 VINCENT BOLLORÉ : Vivendi misses third-quarter estimates, rules out Ubisoft takeover for now
11/22 PETER THIEL : Peter Thiel sells most of remaining Facebook stake
11/16DJELON MUSK : Top Company News of the Day
11/16 NELSON PELTZ : Trian's Peltz claims win in proxy fight, P&G says not yet
11/21DJJEFF BEWKES : Top Company News of the Day
More news


© 2017 People and Ownership :   
Advertisement
Daniel Loeb : Connections 
Cuny Graduate School of Journalism
Prep for Prep
Financial Services Volunteer Corps
Dartmouth College


Latest news about Daniel Loeb 
11/15DJNestle Will Move Infant Nutrition Unit to Regionally Managed Business -- Update
11/14DJMall Short Sellers Feel Some Pain
10/21DJActivist Investor Pushes for More Changes at Nestlé -- WSJ
10/20DJNEWS HIGHLIGHTS : Top Company News of the Day
10/20DJNEWS HIGHLIGHTS : Top Company News of the Day
10/20DJIndustrials Rise As Tax Hopes Outweigh GE - Industrials Roundup
10/20 Nestle CEO praised by Third Point but hedge fund still wants more
More news


Popular Business Leaders 
William Ackman Jean-paul Agon Liliane Bettencourt Jeff Bezos Lloyd Blankfein Vincent Bolloré Richard Branson John Bryant Warren Buffett Kenneth Chenault Gary Cohn Tim Cook Jean Coutu Jamie Dimon Ralph Dommermuth Patrick Drahi John Edwards Larry Ellison Bill Gates Carlos Ghosn Mario Greco David Henry Dara Khosrowshahi Jack Ma Lakshmi Mittal James Murdoch Elon Musk Peter Nicholas Michael O'leary Nelson Peltz Wolfgang Porsche Franck Riboud Alexandre Ricard Xavier Rolet Wilbur Ross Sheryl Sandberg Igor Sechin Carlos Slim Masayoshi Son George Soros Ulrich Spiesshofer Johannes Teyssen François Villeroy De Galhau John Watson Meg Whitman John Williamson Dieter Zetsche Mark Zuckerberg Isabel Dos Santos
A-Z Business Leaders