Pershing Square’s manager pulls in $1bn of external money

There was an announcement from Pershing Square Holdings yesterday saying that its manager Pershing Square Capital Management, L.P is now 100% owned by a new limited partnership and that 10% of that limited partnership had been sold to external investors for $1.05bn. The largest shareholder of the new LP is Bill Ackman. The consortium of … Continue reading Pershing Square’s manager pulls in $1bn of external money