Bill Ackman strikes $2.1bn deal for insurer in bid to build ‘modern Berkshire Hathaway’
Hedge fund billionaire says acquisition of Vantage is milestone in effort to transform real estate company Howard Hughes
Hedge fund billionaire says acquisition of Vantage is milestone in effort to transform real estate company Howard Hughes

The hedge fund manager is seeking to extend his Pershing Square portfolio in multiple vehicles

CEO’s move comes with company’s holdings of cash and short-term Treasury bills at a record $373bn

Greg Abel to address shareholders at first gathering since he succeeded Warren Buffett

Weak investor demand hits hedge fund chief’s scaled-back double offering

Plus, the Peter Thiel-backed businesses set for a windfall and the UK’s big buyout battle

Investors hunt for clues on how the investor’s protégé will shape the $1.1tn conglomerate