Bill Ackman’s Pershing Square re-enters ranks of world’s 20 top performing hedge

Bill Ackman’s Pershing Square Capital Management has re-entered the ranks of the world’s 20 best performing hedge funds... The New York fund, which has $17.9 billion in assets under...

IPO of Bill Ackman’s Pershing Square sets up test for the hedge fund world

That all sets up Ackman’s move to list Pershing Square as a big test for the hedge fund world and whether listed firms can scale. Pershing already manages an investment fund with about...

Ackman's hedge fund Pershing Square gains 26.7% in 2023 - investor update

Billionaire investor William Ackman's hedge fund Pershing Square Capital Management returned 26.7% last year, beating the broader stock market gains and bouncing back from a loss in the previous ye...

Bill Ackman sells 10% stake in Pershing Square for $1.05bn

The sale is expected to be followed by an IPO that would make Pershing Square the first major hedge fund to go public in more than a decade and potentially add billions of dollars to...

Ackman's Pershing Square raising $1 billion, eyeing IPO, source says

Billionaire Bill Ackman's hedge fund Pershing Square Capital Management is finalizing a roughly $1-billion funding round with institutional investors and family offices as well as eyeing an initial...

Bill Ackman seeking to raise $2 billion in Pershing Square fund IPO

The Pershing Square USA IPO will be in the form of a closed-end fund, and is expected to hold many of the same positions as Ackman's other vehicles.

Bill Ackman plans Pershing Square IPO

In recent years, the hedge fund manager has adopted a more conciliatory approach and sought to work behind the scenes with companies. Pershing Square now owns a concentrated group of stocks...

Bill Ackman's IPO of Pershing Square closed-end fund delayed: NYSE

Bill Ackman is delaying the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the NYSE's website.

Billionaire Ackman’s Pershing Square Withdraws IPO

In a statement, Ackman said Pershing Square USA, Ltd. will not go public on the New York Stock Exchange as planned due to “one principal question” that remained after weeks of meetings with “many institutions and family offices.” · Ackman said that question was whether investors would be “better served waiting to invest in the aftermarket than in the IPO.” · The move halts momentum for Pershing Square, which had been aiming to raise $2 billion in the share sale, according to a Se...

Ackman's Pershing Square fund sets $2 bln target for US IPO

Since its launch two decades ago, Ackman's hedge fund returned 16.5% a year. Had it existed in its current form, Pershing Square USA would have returned 19.4% during that time, he said in a...