Hedge Crunch FinancialBill Ackman Pershing Square
Coupang IPO Dazzles Wall Street, Draws Comparisons to Amazon
One week after South Korean e-commerce giant Coupang (CPNG) dazzled Wall Street with the largest U.S. IPO to date, Pershing Square Capital CEO Bill Ackman announced he would donate more than $1.3 billion worth of Coupang stock to charity. With the stock launch underwritten by Goldman Sachs, Allen & Company, J.P. Morgan, Citi and HSBC, […]
Bad Bets of 2014
With only a few days left of 2014 we thought now is a good time to look back and see what predictions did not work out quite so well for some major hedge fund managers. General Motors is a well-liked holding which is popular as a component of hedge funds. Unfortunately it seems for many […]