A bet on Bill Ackman’s new listing is complex
The hedge fund manager is seeking to extend his Pershing Square portfolio in multiple vehicles
The hedge fund manager is seeking to extend his Pershing Square portfolio in multiple vehicles

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

Billionaire investor seeking to take investment group public as early as the first quarter of next year

Listing for Pershing Square USA set to bring in about $5bn after setting range as high as $10bn

Strategy would echo doomsday trades that earned Pershing Square a big windfall during the pandemic

Billionaire hedge fund manager’s pursuit reignites debate about ‘financialisation’ of music industry

Investors question if some institutions rubber-stamp deals that could benefit other businesses