Hints and tips:
...TCI and Pershing Square benefited in particular by making narrowly concentrated bets that particular stocks would go up....
...” said James Elbaor, the head of Marlton LLC, a Chicago-based hedge fund that is a Pershing Square Holdings shareholder....
...Ackman enters the watch biz Five years ago, a letter from Pershing Square founder Bill Ackman would strike serious fear in the hearts of its recipients....
...Sachem Head is led by Scott Ferguson, a protégé of Pershing Square’s Bill Ackman, and Corvex is headed by Keith Meister, who previously worked for activist investor Carl Icahn....
...Listed hedge funds have been out of favour in the London market for several years, contributing to discounts for Third Point and other managers such as Pershing Square....
...Founded by Mr Ferguson, a former partner at Mr Ackman’s Pershing Square Capital, Sachem Head has been among the most active funds to vocally call for change at companies....
...Other hedge fund managers, including Bill Ackman’s Pershing Square and Brevan Howard, followed suit....
...Ackman, whose Spac Pershing Square Tontine Holdings raised a whopping $4bn, announced a three-part transaction that left a lot of people confused. Buckle up because this deal gets complicated....
...The activist investor behind Pershing Square was hatching a boardroom coup at CP, and he wanted Harrison to be its new chief executive....
...And I feel very comfortable in that position,” the founder of Pershing Square Capital Management told DD’s Ortenca Aliaj. Read the full story here....
...Some of the highlights include Bill Ackman’s bet on corporate credit, which saw Pershing Square reap $2.6bn — one of the most successful trades of the year....
...Pershing Square declined to comment on the move, which was first reported by Reuters....
...The two exchanges have attracted a similar number of Spacs, but NYSE has raised twice as much as Nasdaq by landing the larger deals, including the year’s biggest — a $4bn offering from Bill Ackman’s Pershing...
...Ackman’s hedge fund, Pershing Square, will provide an additional $1bn to $3bn. That puts some famous Silicon Valley companies that have wanted to go public but haven’t yet within his sight....
...Mr Ackman, whose Pershing Square hedge fund has a stake of more than $700m in United Technologies, opposed the deal earlier this month....
...overhauling management teams or even the sale of a company — are most often Wall Street heavyweights with the resources to back their costly compaigns, such as Dan Loeb at Third Point or Bill Ackman at Pershing...
...Mr Loeb joins fellow activist Bill Ackman, whose fund Pershing Square disclosed in the first quarter that it was building a stake in UTC, which is based in Connecticut....
...Marcato, an activist fund run by Mick McGuire, another former Pershing Square manager, returned more than 25 per cent last year....
...Corporate earnings reports out today include RWE, Alstom, Aveva, Speedy Hire, Vodafone HY, Land Securities, Jackpotjoy, DCC, FirstGroup, McCarthy & Stone FY, BTG, Pershing Square and Smiths Group....
...After generating a 37 per cent return in 2014, Bill Ackman’s Pershing Square has dropped more than 15 per cent this year and last....
...This year’s conference line-up so far includes the singer Jewel, Pershing Square founder Bill Ackman, Carlyle co-founder David Rubenstein, former chairman of the Federal Reserve Ben Bernanke and former British...
...Herbalife is up 44 per cent since December 2012 when Pershing Square called the company a pyramid scheme, while Valeant, the pharmaceuticals company, is down almost 90 per cent since its high last year,...
...William R Rhodes is president and chief executive of William R Rhodes Global Advisors, LLC and author of ‘Banker to the World: lessons from the Front Lines of Global Finance’. @beyondbrics...
...Pershing, which is run by activist investor Bill Ackman, has seen its net asset value tumble to $3.8bn from $5.3bn at the end of October, S&P said....
...Poor performance saw Bill Ackman of Pershing Square, who suffered large losses from his bet on the drug company Valeant, drop out of the ranking of the top 25 biggest earners....
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