Billionaire hedge fund manager Bill Ackman is targeting a capital raise of $5B for the initial listing of his U.S.-listed closed-end fund, according to a media report on Tuesday. The total target ...

Ackman has been laying the groundwork in recent years for what would be a rare market debut of a large hedge fund management firm. Last year, he agreed to sell a stake in Pershing in a private deal ...

Pershing Square might IPO as early as Q1 2026 potentially with ambitions to become a modern Berkshire Hathaway. Pershing Square bought Alphabet over a year before Berkshire initiated its position in ...

Consummate dealmaker and ECM pro Bill Ackman has revived hopes of floating a closed-end fund, reportedly to be sold with an incentive to participate in the IPO of his core hedge fund Pershing Square ...

Billionaire hedge fund manager Bill Ackman aims to raise $5 billion for his US-listed closed-end fund, including $2 billion from well-known institutional investors anchoring the deal, according to ...

Bill Ackman’s Pershing Square Asset Management on Wednesday pulled the plug on the NYSE IPO of closed-end fund Pershing Square USA, concluding one of the more bizarre forays into capital markets. PSUS ...