(Bloomberg) — Bill Ackman’s Pershing Square aims to raise $25 billion for a new closed-end fund expected to draw interest from US retail investors, which would...
Investor Bill Ackman is adding billions to his billions—at least on paper—as the value of his stake in hedge fund Pershing Square surges thanks to a...
The Wall Street Journal first reported on the moves. Pershing Square declined to comment. With the funding round, the hedge-fund manager is eyeing an eventual initial...