Bill Ackman Launches Pershing Square USA Fund IPO
Legendary investor Bill Ackman is launching the Pershing Square USA fund with an initial public offering price of $50 per share. The fund, which aims to raise between $5 billion and $10 billion, will focus on large minority stakes in high-quality North American-listed growth companies.
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Topics: Bill Ackman closed-end fund investment strategy ipo Pershing Square