Daniel Loeb

Daniel Seth Loeb (born December 18, 1961) is an American investor, hedge fund manager, and philanthropist who founded Third Point LLC in 1995 as an event-driven investment firm.

Loeb, a graduate of Columbia University with an A.B. in economics earned in 1983, began his professional career at Warburg Pincus before establishing Third Point with modest initial capital. Under his leadership as CEO and Chief Investment Officer, the firm has expanded to manage around $23 billion in assets, pursuing opportunistic value-oriented strategies across public and private markets in equities, credit, and venture capital.

Daniel Seth Loeb was born on December 18, 1961, in Santa Monica, California, to Ronald Loeb, a partner at the Los Angeles law firm Irell & Manella LLP who also served as general counsel to the Williams Companies, and Clare Spark Loeb, a historian who wrote her Ph.D. dissertation on Herman Melville's radical politics and later became a prominent feminist academic. Raised in a Jewish family in the Los Angeles area as one of three children, Loeb spent his early years in the coastal community of Santa Monica, attending local schools including Palisades Charter High School.

Loeb was born on December 18,, to Ronald Loeb, a partner at the Los Angeles law firm Irell & Manella and general counsel for Williams Companies, and Clare Spark Loeb, a historian specializing in Herman Melville. Raised in a Jewish family in Santa Monica, California, he was one of three children; his parents divorced in 1970 when he was nine, after which he lived with his father while his two sisters resided with their mother.