Bill Ackman's Pershing Square USA Fund Goes Public with $5 Billion IPO
Bill Ackman's Pershing Square USA Fund (PSUS) has gone public with an IPO priced at $50 per share, aiming to raise approximately $5 billion. The fund will invest in large minority stakes in high-quality North American-listed growth companies. Ackman's asset management firm, Pershing Square Inc. (PS), is also going public and will manage the fund.
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Topics: Bill Ackman Fund Management Investor Redemptions IPO Pershing Square USA