{"id":24519,"date":"2011-09-07T10:00:46","date_gmt":"2011-09-07T14:00:46","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24519"},"modified":"2011-09-07T10:00:46","modified_gmt":"2011-09-07T14:00:46","slug":"daniel-loeb%e2%80%99s-third-point-starts-reinsurance-company-with-500-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2011\/daniel-loeb%e2%80%99s-third-point-starts-reinsurance-company-with-500-million.html","title":{"rendered":"Daniel Loeb\u2019s Third Point Starts Reinsurance Company With $500 Million"},"content":{"rendered":"<p>Bloomberg &#8211; Daniel Loeb, the founder of Third Point LLC, started a reinsurance company that can invest in his $8 billion hedge fund, joining rival\u00a0David Einhorn in seeking more permanent capital.<\/p>\n<p>Third Point Re, which is based in\u00a0Bermuda, hired John Berger as chief investment officer and has about $500 million in capital, according to two investors familiar with the plan. New York-based Third Point wants to raise $250 million to $500 million more and plans to eventually sell shares of the reinsurer to the public, said the investors, who asked not to be identified because the firm is private.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-09-06\/daniel-loeb-s-third-point-starts-reinsurance-company-with-500-million.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Daniel Loeb, the founder of Third Point LLC, started a reinsurance company that can invest in his $8 billion hedge fund, joining rival\u00a0David Einhorn in seeking more permanent capital. Third Point Re, which is based in\u00a0Bermuda, hired John [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24519","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=24519"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24519\/revisions"}],"predecessor-version":[{"id":24520,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24519\/revisions\/24520"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}