Dan Loeb's Third Point posted dull numbers in August, the flagship offshore fund was down 0.7% in last month, trimming year to date return to +15%. August was a tough month for a lot of hedge funds, most notably Pershing Square lost 3.6% in August, wiping out its gains for the year as the fund ended eight months with a return of +0.3% only. David Einhorn's Greenlight Capital fared much better—the fund was up 0.9% and has taken a gain of 11.7% YTD.
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