Dan Loeb's Third Point Builds Position in PG&E's Debt

Dan Loeb's Third Point Builds Position in PG&E's Debt: The New York-based hedge fund listed PG&E as its fifth-largest investment in its monthly letter to investors, according to a copy of a letter reviewed by Bloomberg. The stake is smaller than Third Point’s Campbell Soup Co. holding, which is valued at about $693 million, according to data compiled by