Hints and tips:
...The founder of Pershing Square Capital Management has invested in privately held Bremont with his own funds, not Pershing Square’s....
“Does this seem like fair journalism to you?”
...The founder of Pershing Square Capital Management said on social media on Monday that he had exited the short position he first announced in August....
...“But the issue of his successor has been a hot topic for many years and it’s still seemingly at square zero.” Additional reporting by Patrick Temple-West and Anna Nicolaou...
...TCI and Pershing Square benefited in particular by making narrowly concentrated bets that particular stocks would go up....
...BPY’s core property portfolio contains almost 200mn gross square feet of office and retail space, in about 200 locations....
...LPs finding themselves overcommitted to the asset class on the tail-end of the decade-long boom are also selling stakes in large buyout funds in the secondaries market, selling at up to 20 per cent discounts...
...The New York firm said it believed Icahn Enterprises was overvalued, especially in comparison with peer funds such as Pershing Square Capital Management, the vehicle belonging to Icahn’s once arch-nemesis...
...“Ecommerce and post and parcel [companies] took an average of 6m square feet [a year] between 2015 and 2019....
...A record 70.3mn square feet of available space sat on the Manhattan office market at the end of the second quarter, according to Savills....
...The short seller highlights that similar vehicles, such as those set up by Bill Ackman’s Pershing Square Capital Management and Daniel Loeb’s Third Point, trade at a discount to their NAV....
...Bill Ackman, the billionaire hedge fund manager and founder of Pershing Square Capital Management, said he has taken a “large notional short position” against the Hong Kong dollar, arguing it is “only a...
...use NAV loans just to drive distribution and you have leverage on leverage . . . if it’s just leverage because you haven’t been able to create value and or drive exits then I’d be very wary if I was an LP...
...Should Peltz be successful in gaining a board seat at Disney, he would add to his current directorships at fast-food group Wendy’s, consumer goods maker Unilever and Madison Square Garden Sports, the holding...
...That of Pershing Square Holdings, Bill Ackman’s quoted vehicle, is almost a third. Activists waged a battle to close the discount at Dan Loeb’s Third Point Investors....
...Back in January, Bill Ackman’s Pershing Square Holdings sent this letter to investors: Dear Pershing Square Investor, Beginning on Friday and over the last several days, we acquired more than 3.1 million...
...Unlike the kind of tax reform issues that affect everyday Americans, however, it’s hard to square carried interest as a top concern for voters in Sinema’s home state of Arizona....
...This article has been amended to correct the value of Pershing Square’s remaining interest rate hedges...
...Ackman, the founder of Pershing Square Capital Management, on Tuesday said he would cease running public campaigns....
...The change, which Ackman is dubbing Pershing Square 3.0, marks a big shift in the way he invests after becoming one of Wall Street’s most high-profile and feared activists....
...Pershing Square declined to comment....
...Jack Dorsey’s payments company Block — formerly known as Square — has dropped 74 per cent over the past year....
...Some who signed the 2019 letter — including Uber, Airbnb and Square — were not listed on the latest version....
...Bottega Caruso is a small Campanian kitchen off Margate Old Town Square run by husband and wife Harry Ryder and Simona Caruso....
...My 80-square-metre, well-insulated flat on the south side of the river, complete with an enormous balcony, is just a 15-minute bike-ride away from the FT’s downtown offices, and a three-minute walk from...
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