Pershing Square Capital Management – Page 2

Markets Jun. 12, 2020, 1:19 AM

Bill Ackman’s Pershing Square reportedly files to create ‘blank check’ company worth more than $1 billion

Pershing Square Capital founder Bill Ackman filed with US regulators for an initial public offering of a colossal buyout vehicle, CNBC reported Thursday. The billionaire investor plans to raise at least $US1 billion in the IPO, potentially creating the biggest-ever special-purpose acquisition company. Such firms raise capital from investors for […]

Markets May. 21, 2020, 10:17 PM

These are the 10 stock holdings in billionaire investor Bill Ackman’s market-beating portfolio

Bill Ackman’s Pershing Square Holdings has gained on its 2019 market beat – at the end of March, it had a net gain of 3.3% while the S&P 500 was down 20%. Ackman considered liquidating the portfolio amid the coronavirus-induced meltdown. Instead, he turned $US27 million into $US2.6 billion using […]

Markets May. 6, 2020, 11:48 PM

Bill Ackman turned $27 million into $2.6 billion as the coronavirus ravaged markets. Here are 12 of his most insightful quotes.

Pershing Square Capital Management founder Bill Ackman was known for colourful statements well before his notorious March 18 CNBC interview. The billionaire investor is among the few to win out through the tumultuous first quarter, turning a $US27 million bet on credit protection into $US2.6 billion when coronavirus risks caught […]

Markets Apr. 7, 2020, 10:47 PM

Billionaire Bill Ackman says he considered liquidating his whole portfolio as coronavirus rocked markets

Activist investor Bill Ackman considered liquidating his portfolio amid the coronavirus market meltdown, he said in a Monday letter to Pershing Square Holdings investors. He instead opted to bet on a downside hedge that turned $US27 million into $US2.6 billion. Ackman said he unwound the hedges in March, then reinvested […]

Markets Apr. 6, 2020, 10:45 PM

Billionaire Bill Ackman says he’s ‘beginning to get optimistic’ about a coronavirus recovery, weeks after saying ‘hell is coming’

Hedge fund founder Bill Ackman is “beginning to get optimistic” toward the coronavirus, he wrote in a Sunday tweet. The message comes just weeks after the Pershing Square Capital Management CEO warned on CNBC that “hell is coming” and the US risks entering “a Depression-era period.” Ackman cited the first […]

Markets Mar. 27, 2020, 12:11 AM

Billionaire investor Bill Ackman turned $27 million into $2.6 billion by betting that coronavirus would tank the market

Hedge fund billionaire Bill Ackman turned a $US27 million position into a $US2.6 billion windfall as the coronavirus dragged stocks to multiyear lows and threatened deep economic recession. Pershing Square Capital Management turned to credit protection on investment-grade and high-yield bond indexes to bet on an increased risk of corporate […]

Markets Mar. 24, 2020, 7:20 AM

Billionaire Bill Ackman says he recently made a $2.5 billion bet that the US economy will bounce back quickly from coronavirus

Bill Ackman said in a Monday interview with Bloomberg TV that he recently bet $US2.5 billion that the US economy will recover quickly from the shock of the coronavirus pandemic. The Pershing Square Capital Management leader said he’s removed all hedges that he had in place to offset the coronavirus […]

Markets Mar. 19, 2020, 12:37 AM

Billionaire Bill Ackman urges Trump to issue a 30-day ‘spring break’ shutdown to quell coronavirus’s economic impact

A 30-day “extended Spring Break” shutdown is “the only answer” for saving the economy from a significant coronavirus-driven slowdown, hedge fund founder Bill Ackman tweetedWednesday. The government should keep only essential services open and pay wages during the period, he added. The “exponential compounding” of virus cases stands to threaten […]

Markets Jan. 8, 2020, 2:36 AM

Billionaire Bill Ackman’s hedge fund delivered 58% returns in 2019 after making a big investment in Warren Buffett’s Berkshire Hathaway

Pershing Square Holdings, the activist hedge fund run by billionaire Bill Ackman, returned 58.1% in 2019, the fund said in December. It’s the first net positive annual performance for Ackman’s fund in three years. Ackman increased his position in Warren Buffett’s Berkshire Hathaway this year, according to SEC filings. In […]

Markets Dec. 7, 2019, 4:46 AM

Billionaire hedge fund manager Bill Ackman is poised to exceed 50% returns after a 3-year drought

Bill Ackman’s hedge fund is pacing itself for returns in excess of 50% through 2019 after three consecutive yearly losses. Pershing Square Capital Management posted a 3.4% gross gain for November, or 3.2% after fees. The month’s performance brings its year-to-date return to 51.3% after fees. Pershing Square nearly secured […]

News Nov. 8, 2017, 7:05 AM

We all just witnessed the fall of Wall Street god Bill Ackman

On Tuesday, ADP shareholders decided not give...

Markets Oct. 24, 2017, 4:45 AM

Bill Ackman told a CEO he gets more ‘clicks on the internet’ than anyone except Donald Trump

Billionaire hedge fund manager Bill Ackman has...

Markets Aug. 25, 2017, 12:17 AM

Corporate raider Bill Ackman threatened his most recent target with negative media coverage

The battle between hedge fund billionaire Bill...

Markets Aug. 18, 2017, 12:32 AM

An ADP director has a relationship with the activist trying to shake it up — and it shows how messy Wall Street really is

Pershing Square, an activist hedge fund run...

Markets Mar. 14, 2017, 9:40 AM

One stock helped decimate billionaire Bill Ackman’s hedge fund performance

Billionaire Bill Ackman just announced that he...

Markets Nov. 19, 2016, 12:11 AM

Bill Ackman might score a big win at Chipotle

Bill Ackman, the activist hedge fund manager...

Markets Aug. 27, 2016, 6:13 AM

One of the key men behind Bill Ackman’s bet on Valeant is leaving

One of Bill Ackman's key researchers on Valeant...

Markets May. 10, 2016, 4:30 AM

‘The company is at risk of getting into a death spiral’: Bill Ackman’s emails reveal a wild relationship with Valeant

The US Senate has released 818 pages of...

Markets Mar. 17, 2016, 8:40 AM

Bill Ackman just sold a boatload of one of his biggest holdings

Bill Ackman, the founder of $12 billion...

Markets Mar. 16, 2016, 2:14 AM

Bill Ackman’s publicly traded vehicle was just halted

Pershing Square Holdings, the publicly traded...

Markets Jan. 28, 2016, 12:36 AM

Bill Ackman’s top lieutenant is leaving Pershing Square to pursue a new venture

Pershing Square Capital partner Paul Hilal is...

Markets Dec. 8, 2015, 2:57 AM

The most influential name in activist investing you’ve never heard of crushed it in 2015

There is a big name in activist investing that...

Markets Nov. 24, 2015, 9:27 AM

Bill Ackman just boosted his stake in Valeant from 5.7% to 9.9%

Bill Ackman's hedge fund, Pershing Square...

Markets Nov. 10, 2015, 12:54 PM

Now we know what really scares Bill Ackman about Valeant

For weeks Pershing Square chief Bill Ackman has...

Markets Nov. 10, 2015, 7:30 AM

Bill Ackman dropped a big hint about what Valeant will do next

During his hedge fund's quarterly conference...

Markets Nov. 10, 2015, 3:05 AM

Bill Ackman is hosting a conference call after an incredibly tough couple of months

Hedge fund manager Bill Ackman is hosting a...

Markets Nov. 7, 2015, 1:41 AM

A hedge fund manager perfectly captured what Bill Ackman is going through as Valeant crashes

Hedge fund manager Whitney Tilson sent around...

Markets Nov. 4, 2015, 12:04 AM

Bill Ackman’s fund is down 19% this year after Valeant cratered

Pershing Square Holdings, the publicly traded...

Markets Oct. 30, 2015, 11:47 PM

LIVE: Bill Ackman defends his big money-losing bet in Valeant

Billionaire activist investor Bill Ackman...

Markets Oct. 29, 2015, 7:37 AM

Bill Ackman’s fund is down 15.9% this year after Valeant collapse

Pershing Square Holdings, the...

Markets Oct. 27, 2015, 10:16 PM

Bill Ackman is hosting a call on Friday to talk about his huge money-losing bet on Valeant

Billionaire activist investor Bill Ackman, the...

Markets Oct. 24, 2015, 1:59 AM

Another one of Bill Ackman’s big stock holdings is tanking

It is not Bill Ackman's week. Another one of...

Markets Oct. 22, 2015, 5:45 AM

Bill Ackman doubles down, with $350million on Valeant, after the stock tanks

Hedge fund titan Bill Ackman purchased two...

Markets Oct. 22, 2015, 2:50 AM

Bill Ackman may have lost close to $2 billion on his big Valeant bet

Hedge fund manager Bill Ackman has...

Markets Oct. 3, 2015, 1:11 AM

Bill Ackman’s hedge fund had a brutal month

Pershing Square Capital, the $20 billion fund...

Markets Sep. 29, 2015, 4:10 AM

Bill Ackman’s biggest stock holding is getting hammered

Activist investor Bill Ackman's biggest stock...

Markets Sep. 16, 2015, 1:27 AM

Bill Ackman just dropped a big Herbalife presentation likening it to a company the FTC says is a pyramid scheme

Hedge fund manager Bill Ackman, the founder of...

Markets Sep. 15, 2015, 2:07 AM

Bill Ackman and some of the best tennis players in global finance faced off in the first-ever Finance Cup

While Novak Djokovic and Roger Federer...

Markets Sep. 12, 2015, 1:43 AM

Bill Ackman is eyeing another huge and potentially controversial deal

Billionaire activist investor Bill Ackman, the...

Markets Sep. 11, 2015, 9:56 PM

BILL ACKMAN: Stock are pretty cheap right now

Billionaire hedge fund manager Bill Ackman, the...

Markets Aug. 29, 2015, 4:46 AM

These activist investors absolutely crushed it on huge trades

Activist investors are putting cash to work...

Markets Aug. 28, 2015, 7:30 AM

Now we know how far Bill Ackman’s fund fell in August

We knew Pershing Square...

Markets Aug. 27, 2015, 7:25 AM

Bill Ackman’s big publicly traded fund is now down on the year

Pershing Square Holdings, the $7.4 billion...

Markets Aug. 27, 2015, 3:10 AM

The most influential name in activism you’ve never heard of is on an absolute tear

There is a big name in activist investing that...

Markets Aug. 11, 2015, 3:48 AM

Bill Ackman slams the Wall Street Journal for publishing ’embarrassing’ articles about 2 of his favourite investments

Activist investor Bill Ackman, the CEO of the...

Markets Jul. 20, 2015, 10:39 PM

Bill Ackman wants to put a tennis court on the roof of Pershing Square’s new office building

We've heard that hedge fund titan Bill Ackman...

Markets Jul. 15, 2015, 11:11 PM

The most ‘interesting’ investment in Bill Ackman’s portfolio that ‘no one’s really noticed’

Activist investor Bill Ackman, the CEO of $18...

Markets Jun. 4, 2015, 12:00 AM

Now we know what one of Ackman’s two new investments is

It looks like we now know what the smaller of...

Markets May. 19, 2015, 4:45 AM

Hedge fund titan Bill Ackman has two undisclosed positions, and one of them is massive

Up to a $US3 billion stake - in something.

Markets May. 15, 2015, 4:35 PM

Bill Ackman is buying a badass office building far away from the rest of hedge fund land

New digs.

Markets May. 7, 2015, 9:13 AM

Forbes think Bill Ackman might be the next Warren Buffett

Remodeling himself after the Oracle of Omaha.

Markets May. 6, 2015, 3:54 AM

Bill Ackman presented on his two favourite stocks on Monday — here’s the full slide deck

Lessons from the master.

Markets May. 6, 2015, 12:06 AM

ACKMAN: Short-selling is ‘not worth the brain damage’

Billionaire hedge fund manager Bill...

Markets May. 5, 2015, 4:29 AM

Bill Ackman bought an apartment for $US90 million and he’s pretty sure it’s a steal

And he's not even going to live in it.

Markets Apr. 14, 2015, 7:29 AM

BILL ACKMAN: Now is a better time than ever to short Herbalife’s stock

Bill Ackman said Herbalife is a better short...

Markets Mar. 28, 2015, 1:03 PM

Hedge funds don’t want to be called hedge funds anymore

It's all about image.

Markets Mar. 24, 2015, 5:20 AM

Herbalife shares are up 43% this month, and Bill Ackman is getting stomped

He wants it at $0.

Markets Mar. 14, 2015, 3:15 AM

Consulting firm hired by Bill Ackman responds to report that the Feds are investigating them for lying about Herbalife

Global Strategy Group, the consultancy firm...

Markets Mar. 12, 2015, 7:58 AM

Bill Ackman explains all you need to know about the basics of finance and investing

Aiming to have "one of the greatest investment track records of all time".

Markets Mar. 10, 2015, 3:51 AM

Bill Ackman finally bought some Valeant stock

Activist investor Bill Ackman, the CEO of $20...

Markets Mar. 6, 2015, 3:09 AM

Star hedge fund manager Bill Ackman is already having a lovely year

Killing it.

Markets Feb. 13, 2015, 8:01 AM

Here are all the stock picks from Bill Ackman’s private hedge fund conference

Bill Ackman, the CEO of $18 billion hedge fund...

Markets Feb. 12, 2015, 6:05 AM

Bill Ackman’s big hedge fund conference is tomorrow — here’s how last year’s stock picks did

Hedge fund manager Bill Ackman, who was a top...

Markets Jan. 28, 2015, 2:00 AM

Bill Ackman Has Gained $11.6 Billion For His Investors Since 2004

Hedge fund manager Bill Ackman, the CEO of...

Markets Jan. 9, 2015, 1:33 AM

ACKMAN: We Didn’t Cancel That Meeting With Herbalife, We ‘Postponed’ It

Yesterday, Herbalife put out a statement...

Markets Jan. 8, 2015, 1:30 AM

BILL ACKMAN: We’re Doing ‘God’s Work’ On Herbalife

Bill Ackman channeled his inner Lloyd...

Markets Dec. 18, 2014, 2:57 AM

Bill Ackman Hasn’t Sounded This Confident About Herbalife In A Long Time

Hedge fund manager Bill Ackman of Pershing...

Markets Nov. 7, 2014, 4:10 AM

Bill Ackman’s Hedge Fund Is Crushing It This Year

Activist investor Bill Ackman, the chief...

Markets Oct. 14, 2014, 12:40 AM

BILL ACKMAN: We’re Much More Like Warren Buffett Than Carl Icahn

Bill Ackman's Pershing Square Holdings began...

Markets Oct. 9, 2014, 2:54 AM

All Of The Sudden, Bill Ackman’s Takeover Target Is Giving Him A Serious Run For His Money

Pharmaceutical company Allergan is still...

Markets Oct. 3, 2014, 6:03 AM

Bill Ackman Is Still Absolutely Killing It This Year

Bill Ackman is still on top this year. Reuters...

Markets Sep. 10, 2014, 6:51 AM

ACKMAN: Allergan Has The ‘Most Shareholder-Unfriendly’ Defence In The ‘History Of Corporate America’

Hedge fund manager Bill Ackman sent the...

Markets Aug. 14, 2014, 1:14 AM

Get Ready To Buy Bill Ackman

Bill Ackman is taking his hedge fund, Pershing...

Markets Aug. 5, 2014, 11:48 PM

Sorkin Thrashes Bill Ackman On Allergan

Andrew Ross Sorkin over at Dealbook is out with...

Markets Aug. 2, 2014, 2:21 AM

Bill Ackman’s Takeover Target Is Now Suing Him For Alleged Insider Trading

It's been a rough couple of weeks for Bill...

Markets Jul. 23, 2014, 5:54 AM

Bill Ackman Just Finished ‘The Most Important Presentation’ Of His Career And The Market Is Laughing At Him

Stock surges.

Markets May. 21, 2014, 2:26 AM

Bill Ackman Gave 3 Business School Students $US100,000 For This Presentation On Security Firm, Allegion

Every year Bill Ackman's hedge fund, Pershing...

Markets May. 8, 2014, 11:19 PM

Bill Ackman’s Hedge Fund Is Killing It This Year

While most hedge funds are struggling in 2014...

Markets May. 2, 2014, 11:22 PM

REPORT: A Pershing Square Analyst Told His Roommate About The Herbalife Short Who Then Made $US20,000

DealBook's Ben Protess and Alexandra...

Markets May. 1, 2014, 3:39 AM

The Young Pershing Square Analyst Who Worked On The Herbalife Short Has Re-Emerged

Shane Dinneen, the young Pershing Square...

Markets Apr. 30, 2014, 11:51 AM

Bill Ackman And Carl Icahn Have Made Up, Ending One Of The Great Feuds In Wall St History

"I am calling to forgive Carl."

Markets Mar. 12, 2014, 11:24 AM

Bill Ackman Argues Herbalife Is Breaking Chinese Laws In This New Presentation

Hedge fund manager Bill Ackman gave another...

Markets Mar. 12, 2014, 4:54 AM

LIVE: Bill Ackman Is Giving A Presentation On Herbalife’s China Business Practices

Hedge fund manager Bill Ackman, who runs...

Markets Feb. 14, 2014, 4:00 AM

BILL ACKMAN: We Haven’t Broken Even On Herbalife, But We’re On Our Way

Hedge fund manager Bill Ackman, who runs Pershing Square Capital Management, spoke about his massive wager against Herbalife at the annual Harbor Investment Conference. “The last time I gave a presentation in this room it was 340-slides,” he joked referring to the 2012 special Sohn Conference where he publicly declared […]

Markets Nov. 26, 2013, 6:35 PM

Here’s Bill Ackman’s Massive New Presentation On Why Herbalife Is Doomed

Hedge fund manager Bill Ackman, who runs Pershing Square, gave another massive slide-presentation attacking Herbalife. Late last year, Ackman gave a 342-slide presentation on why he thinks nutritional supplement seller will go to $0. Ackman believes Herbalife is a “pyramid scheme” that targets lower income people, particularly from the Hispanic […]

Markets Nov. 5, 2013, 5:51 PM

Bill Ackman Says Herbalife Will Be On The Verge Of Death In The Next 12 Months

In an interview at Oxford University.

Markets Sep. 26, 2013, 11:32 PM

Bill Ackman’s Latest Target Is Already Looking For A New CEO

He's back in action.

Markets Aug. 21, 2013, 2:57 AM

Bill Ackman Is Getting No Credit For The One Thing That’s Working At JCPenney, And He Should

Whether anyone wants to admit it or not.

Markets Aug. 19, 2013, 11:51 PM

JCPenney Says It Has Reached An Agreement For Bill Ackman To Sell His Massive Stake

He said he would if they didn't find a new CEO.

Markets Aug. 15, 2013, 1:00 AM

Bill Ackman Says He Knows What Will Save America

Last night embattled hedge fund manager Bill Ackman was on “Charlie Rose: The Week” explaining everything from Herbalife to JCPenney to Dan Loeb. If you missed it, the whole thing will air tonight at 8:00 pm on Bloomberg. “JCPanic” and the Herbalife hedge fund titan war aside, we learned a […]

Markets Aug. 14, 2013, 1:38 PM