Bill Ackman’s Pershing Square sets IPO price of its closed-end fund at $50 a share
2024-06-28
Bryan Bedder Pershing Square Capital Management (“PSCM”), the investment firm led by billionaire Bill Ackman, has set the initial offering price of its U.S. closed-end fund at $50 per share, according to an SEC filing dated Friday. The fund, known as Pershing Square USA, plans to charge a management feeContinue Reading