Dan Loeb CEO of Third Point took part in the panel titled “Credit Opportunities: Is Now The Right Time For Distressed” at SALT iConnections New York 2024 conference held on May 20 in New York.
Third Point has a multi-strategy fund that invests both in equity and debt, while half of its portfolio is based on credit. The company is planning to start a new private credit fund during the summer.
The Rise Of Opportunities In Distress
What Loeb today sees is distressed opportunities appearing left and right. This trend reminds him of 2009 when the firm had about half of the portfolio in distressed assets,...
