Loeb Plans Greek-Focused Hedge Fund on Recovery Bet

Loeb Plans Greek-Focused Hedge Fund on Recovery Bet Play

April 12 (Bloomberg) -- Daniel Loeb’s Third Point LLC is starting a hedge fund focused on buying Greek assets after a wager that European officials would rescue the indebted nation from financial collapse helped drive gains last year for his $11.7 billion investment firm. Julie Hyman reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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