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A Kinder, Gentler Dan Loeb?

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According to a feature next month in Men's Vogue , Dan Loeb is toning down his act. Page Six describes it as "keeping his trap shut."

His newly launched silent act "speaks volumes about Loeb's commitments to rehabbing his reputation... If a hedge fund manager with as many sharp edges as Loeb is trying to soften his image, could the era of the hedge fund cowboy be over?"

We'll believe it when we see it. (And if we see it, frankly, we'll be disappointed.)
Hedge Fund King Pipes Down [NY Post]


Dan Loeb Is A Pretty Swell Guy: Dan Loeb

Anyone suggesting otherwise can just back the hell off.

Sleep Where Dan Loeb Hath Slept

The Third Point founder is reportedly looking for a buyer for his 10,674-square-foot penthouse at 15 Central Park West. If that sounds like something you'd be interested in, people hear that Loeb "wants $100 million," which would represent a 122.22% return (DL and his wife bought the place for $45 million in 2008). While perhaps a tad pricey, consider that back in November, Sandy Weill was able to get $88 million for his 15CPW apartment, a relative dump at 6,744-square-feet.* As for the Loebs, they are apparently "in search of something larger," if you've got any leads. It seems pretty obvious that a fellow hedge fund manager with a 20,000 square foot UES mansion** and a liquidity problem might want to get in touch but we'll let him come to that in his own time. Apartment Hunting For The Superrich [NYT] *Weill told prospective buyers that he'd be donating the money to charity but maybe they would've done this for him anyway. **Selling points: Indoor pool, bar and lounge with a closet.


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