Here Is Dan Loeb’s Second-Favorite Hedge Fund After Third Point

Many well-known hedge fund managers give to charity, and some have even established their own foundations to distribute their millions of dollars. Dan Loeb of Third Point is one of those who have created their own foundation, and we can learn which hedge funds he trusts by reviewing the latest 990 filing for his foundation.

Q3 2021 hedge fund letters, conferences and more

Unsurprisingly, the Margaret and Daniel Loeb Foundation invests in some of Third Point's funds, but there is also one other unrelated hedge fund. The foundation had almost $88 million in assets at the end of the fiscal year that ended in December 2019.

Third Point Fund

According to...