Third Point Secures $400m of Investible Capital for Insurance Solutions Fund

Third Point secures $400m of investible capital for Insurance Solutions Fund

Third Point LLC has secured $400 million of investible capital for the first close of the Third Point Insurance Solutions Fund I, its first dedicated and rated structured private credit fund for insurance companies. According to Third Point, the Fund adds to its growing private credit platform, which expects to launch further products later in 2025. Third Point’s Private Credit strategy leader, Christopher Taylor, commented, “We are excited abou…

Third Point adds Insurance Solutions Fund to private credit offering

Third Point, the New York-based hedge fund firm founded by Daniel Loeb, has held a $400m first close for its Insurance Solutions Fund I, marking the firm’s first dedicated private credit strategy tailored for insurance companies, according to a report by Alternative Credit Investor. The fund offers institutional insurance clients access to a wide array of US middle-market private credit opportunities, targeting consistent income and compelling a…

Third Point adds Insurance Solutions Fund to private credit offering - Private Equity Wire

Third Point, the New York-based hedge fund firm founded by Daniel Loeb, has held a $400m first close for its Insurance Solutions Fund I, marking the firm’s first dedicated private credit strategy tailored for insurance companies, according to a report by Alternative Credit Investor. The fund offers institutional insurance clients access to a wide array of US middle-market private credit opportunities, targeting consistent income and compelling a…