Liberty Posted April 19, 2012 Share Posted April 19, 2012 http://www.theglobeandmail.com/report-on-business/international-news/ackmans-pershing-reportedly-plans-4-billion-fund-ipo/article2407803/ Pershing Square Capital Management LP, a U.S. hedge fund run by William Ackman, is set to float a new $4-billion (U.S.) fund to boost the amount of permanent capital it has for activist bets, an investor source said. Mr. Ackman, a high-profile activist investor busy trying to shake up the running of firms such as Canadian Pacific Railway (CP-T75.88-0.20-0.26%) and Burger King, plans to list the fund next January, with London the most likely venue, the source – who asked not to be named – said on Thursday. Link to comment Share on other sites More sharing options...
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