Ackman's Pershing Square Doing Great In September, Up 27.4% YTD


Bill Ackman’s Pershing Square is still doing very well, thank you.

A source close to the firm confirmed for us what was previously reported by Dealbreaker. Pershing Square LP is up 6.1% for September, which brings the fund’s year-to-date returns to 27.4%.

The fund, with $1.66 billion in assets under management, is long credit default swaps, with approximately $350 million in notional exposure.  It invests in business services, commercial services, food & beverage, real estate investment trusts, restaurants and retail.


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at