Daniel S. Loeb is the Chief Executive Officer of Third Point LLC, an $8.0 billion event-driven hedge fund headquartered in New York, where he leads portfolio management, risk management and research activities.
Before founding Third Point, Mr. Loeb 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 joining Jefferies, he was a risk arbitrage Analyst at Lafer Equity Investors. He began his career as an Associate in private equity at Warburg Pincus.
Mr. Loeb graduated from Columbia University with an A.B. in economics in 1983. In 2012, he will be honored by Columbia with the John Jay Award for distinguished professional achievement. He has endowed the Daniel S. Loeb Scholarship for undergraduate study there. Since 2004, Mr. Loeb has been a trustee of Prep for Prep, a NYC organization that prepares underprivileged children to attend competitive independent schools. He is also involved in the Jewish Enrichment Center, which provides Jewish education to young New Yorkers. Mr. Loeb is engaged with New York City’s Success Charter Network, where he will be the Chairman of the Board of three schools opening in Brooklyn in 2012, as well as with Students First, a national education advocacy organization founded by former Washington DC Schools Chancellor Michelle Rhee.
Mr. Loeb is a Trustee of Third Way, a non-partisan political think tank, and of the Manhattan Institute. He is a member of the American Enterprise Institute’s National Council, the Brookings Institute, and the Washington Institute for Near East Policy.
Mr. Loeb is a member of the Stem Cell Research Advisory Committee at Mt. Sinai. He is an avid athlete, and advocate of healthy living. Mr. Loeb recently completed the New York City Marathon, has completed numerous sprint triathlons and a Half Iron Man, and will complete his second marathon in 2012 – just after turning 50. Mr. Loeb is also a dedicated surfer and yogi.
Mr. Loeb is a leading collector of modern art, and is a trustee of the Museum of Contemporary Art in Los Angeles. He and his wife, Margaret Munzer, live in New York City with their three children.