Bloomberg – November was a good month for the equity titans of the hedge-fund industry.
Daniel Loeb’s $17.5 billion Third Point LLC climbed 2.9 percent in its main fund, bringing returns for the year to 9.1 percent; Bill Ackman’s $18 billion Pershing Square Capital Management LP rose 5.5 percent last month through Nov. 25 and 42 percent year-to-date in its publicly traded fund; Einhorn’s $10 billion hedge fund firm Greenlight Capital Inc. gained 5.8 percent in November in its main pool, lifting year-to-date returns to 11 percent.
