Bill Ackman’s Pershing Square slides on Wall Street debut
Weak investor demand hits hedge fund chief’s scaled-back double offering
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Bill Ackman plots IPO of hedge fund Pershing Square in early 2026
Billionaire investor seeking to take investment group public as early as the first quarter of next year
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
Bill Ackman in talks to launch fund to bet on investor complacency
Strategy would echo doomsday trades that earned Pershing Square a big windfall during the pandemic
Bill Ackman expected to raise half of top target in second IPO push
Listing for Pershing Square USA set to bring in about $5bn after setting range as high as $10bn
Investors bet on smaller private equity funds to break deal drought
Larger funds’ global share of commitments slides as fundraising winter drags on
Private equity backers raise new conflict concerns over sweetheart deals
Investors question if some institutions rubber-stamp deals that could benefit other businesses