Getty Images/ Larry Busacca
- Dan Loeb's Third Point is dealing with big investor outflows in 2023, the Wall Street Journal reported.
- Investors have pulled funds after Loeb missed out on the huge tech rally earlier this year.
- The WSJ report said Loeb is now betting on an eventual credit crunch amid rising interest rates.
Hedge fund Third Point, led by billionaire investor Dan Loeb, has struggled this year as it missed out on the monster rally in tech shares that powered the market higher through much of 2023.