Complex sentence: Daniel Seth Loeb (born December 18,1961) is the founder and chief executive of Third Point LLC, a New York-based hedge fund with over $14 billion in assets.
Split into simpler sentences: Daniel Seth Loeb (born December 18,1961) is an American hedge fund manager. He is the founder and chief executive of Third Point LLC, a New York-based hedge fund with over $14 billion in assets.