Third Point Och-Ziff Greenlight
Three Hedge Funds Record Double Digit Gains in 2010 End
New York-based Third Point, led by Dan Loeb, appears poised to be among the best-performing hedge funds of the year—if not the year's best. The firm's Partners fund was up an estimated 41.7% on the year after adding 7.4% last month, Dealbreaker reports. Third Point's other funds were up between 32.8% and 38.2% on the year.
David Einhorn's Greenlight also enjoyed a robust December, adding an estimated 4.3%. Its Offshore fund closed out the year at an estimated 12.5%, it told clients.
Och-Ziff, for its part, had a somewhat less strong December, with its flagship Master Fund adding just 0.78%. That fund was up 8.44% on the year. But its Special Investments Master Fund managed to hit double-digits with a 13.16% return, following a 1.58% bump in December. Source