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 : 56
Public asset : 143,282,426 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%137,960,677 USD
Green Brick Partners Inc (GRBK)
Homebuilding
128,2450.25%1,436,344 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 The Mount Sinai Hospital
The Museum of Contemporary Art, Los Angeles
Council on Foreign Relations, Inc.
Peter R. Orszag The Brookings Institution
Council on Foreign Relations, Inc.
The Mount Sinai Hospital
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 
02/16 WARREN BUFFETT : Warren Buffett's Valentine's Day surprise for investors
02/13 STEPHEN SCHWARZMAN : Blackstone appoints real estate boss Gray as Schwarzman's successor
02/17 STEVE WYNN : Top Company News of the Day
02/15 PETER THIEL : Tech Luminary Peter Thiel Parts Ways With Silicon Valley
02/14 ROBIN LI : Baidu earnings beat forecasts, eyes U.S. listing for video unit iQiyi
02/16 ROMAN ABRAMOVICH : Co-owners of Russia's Nornickel back in fight for control
02/19 PETER THIEL : Top Company News of the Day
02/15 DAVID THOMSON : Thomson Reuters Chairman Criticized Its $17 Billion Deal with Blackstone
02/16 VINCENT BOLLORÉ : Vivendi shares drop as French group's lack of guidance underwhelms
02/13 STEVE WYNN : Top Company News of the Day
More news


© 2018 People and Ownership :   
Advertisement
Daniel Loeb : Connections 
The International Institute for Strategic Studies
Mckinsey Knowledge Council
Apollo Management LP


Latest news about Daniel Loeb 
02/16 Nestlé Fails U.S. Taste Test -- WSJ
02/15 Growth formula eludes under-fire Nestle, L'Oreal stake unchanged
02/15 Nestlé Sales Growth Weakens to Slowest in Decades -- 2nd Update
02/15 Nestlé Sales Growth Weakens to Slowest in Decades -- Update
02/09 L'Oréal Would Pay to Disentangle Itself From Nestlé -- Update
02/09 L'Oreal ready to buy Nestle stake in cosmetics leader
02/02 Unilever Shows Unrivaled Gains -- WSJ
More news


Popular Business Leaders 
Bernard Arnault Jean-michel Aulas Jeff Bezos Martin Blessing Kurt Bock Warren Buffett Jean-pierre Clamadieu Gary Cohn Tim Cook Richard Cousins Elmar Degenhart Michael Dell Jamie Dimon Patrick Drahi Carlos Ghosn David Henry Heinrich Hiesinger Carl Icahn Ingvar Kamprad Dara Khosrowshahi Isabelle Kocher Bruno Lafont Jack Ma Gérard Mestrallet Laurent Mignon Lakshmi Mittal Rupert Murdoch Elon Musk Peter Nicholas Michael O'leary Nelson Peltz Sumner Redstone Alexandre Ricard Stéphane Richard Kasper Rorsted Eric Schmidt George Soros Rupert Stadler Bernard Tapie Peter Terium Peter Thiel Patrick Thomas François Villeroy De Galhau Meg Whitman John Williamson Thomas Wilson Elaine Wynn Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders