03.06.2024 Ackman considers IPO for Pershing Square
Bailey McCann, Opalesque New York:

Bill Ackman is selling a 10% stake in asset management firm Pershing Square, aiming to eventually take his investment firm public according to a report from the Wall Street Journal. The firm is raising $1.05 billion in a funding round - a figure which amounts to a 10% stake with the implied firmwide value of $10.5 billion. Sources familiar with the fund say

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