Third Point LLC is an investment management firm founded by Daniel Loeb in 1995. The firm is known for its event-driven investment strategy, focusing on public equity and credit markets. It primarily invests in companies undergoing significant changes, such as mergers, restructurings, or other corporate events. The firm manages several hedge funds and is recognized for its activist investing approach, where it takes significant stakes in companies to influence management and strategic direction. Third Point LLC has gained attention for its high-profile investments and shareholder activism in various sectors, including technology and healthcare.