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Bill Ackman targets Main Street investors with new Pershing fund
Hopes are high for the proposed vehicle, which 'has the potential to be one of the largest closed-end funds,' according to the prospectus filed with the SEC.
30-year Treasury yields above 5% would not shock Bill Ackman
Pershing Square Capital veteran highlights energy prices and interest rates concern.
Financial advisers are steering clients away from SPACs
Special purpose acquisition companies are leveraging celebrity endorsements to drive investor demand, while financial advisers struggle to protect clients from risk.
Pershing Square’s Ackman said to consider IPO for hedge fund
Known for investing in companies to press for changes, Bill Ackman is considering selling shares in a hedge fund to secure more permanent capital for investments.
