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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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From: StockDung9/4/2015 11:59:01 AM
   of 18998
 
Billionaire hedge fund manager Dan Loeb had an Ashley Madison account



    Portia Crowe Aug. 27, 2015, 3:53 PM



    Heidi Gutman/CNBCBillionaire hedge fund manager Dan Loeb had an account on extramarital-affairs site Ashley Madison.

    Billionaire hedge fund manager Dan Loeb had an account on extramarital-affairs website Ashley Madison.

    Gawker reported the account Thursday, citing data released by hackers.

    The Third Point CEO confirmed to Business Insider through a spokesman that the account was in fact his.

    He said he visited the site "years ago" when he was an investor in Yahoo and that he did not provide credit-card information.

    Here's the full comment, from spokesman Steven Rubenstein:

    As my family, friends and business colleagues know, I am a prolific web surfer. Did I visit this site to see what it was all about? Absolutely — years ago, at the time I was invested in Yahoo and IAC and was endlessly curious about apps and websites. Did I ever engage or meet with anyone through this site? Never. That was never my intention — as evidenced by the fact that I never provided a credit card to set up an account.

    Ashley Madison is a website designed to connect married people seeking extramarital affairs.

    The site was hacked earlier this year and its user base was posted online.

    Loeb's profile indicated he was looking for "discreet fun with 9 or 10," according to Gawker. To that, Loeb says via Rubenstein, "That field was part of going on the site and I gave a brief line that sounded plausible."

    His private messages were last checked in December 2013, according to the report.

    NOW WATCH: Ashley Madison hack reveals the states where people cheat the most

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