Pershing Square Capital Management

May Looks Good for Hedge Fund Managers

June 5, 2017 James Heinsman Hedge Fund News

As spring arrives not just flowers are blooming. Several hedge fund managers announced that their bets have finally beat the gains of the stock market in general, after a dark winter of slow growth. Daniel Loeb, chief of Third Point, a $16 billion manager, told his investors that his Third Point Partners LP fund rose […]

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Daniel Loeb, Pershing Square Capital Management, Third Point Partners, William Ackman,

Ackman’s Pershing Square Sells Off Valeant Stock

January 4, 2016 James Heinsman Hedge Fund News

Pershing Square Capital Management, Bill Ackman’s hedge fund, has sold some of its many shares in Valeant Pharmaceuticals. Valeant is the drug company which Ackman valiantly defended in 2015, backing up his support with considerable quantities of money. Last November Pershing owned close to 10 percent of Valeant, up from the 5.7 percent of shares […]

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Bill Ackman, Pershing Square Capital Management, Valeant Pharmaceuticals,

Ackman Enlists Congress in His Crusade Against Herbalife

November 4, 2014 Debbie Jacobs In the News

Two years ago Bill Ackman announced at a Manhattan business conference that his hedge fund firm Pershing Square Capital Management took a $1 billion short position on the Los Angeles-based nutrition supplements giant Herbalife. In other words, Ackman was betting on the company’s demise. Since then Ackman has not stopped railing about the deceitful practices […]

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Bill Ackman, Herbalife, Mercatus Center, Pershing Square Capital Management, Veronique de Rugy,

Proctor & Gamble Gets Boost From Ackman

July 15, 2012 James Heinsman In the News

The price of Proctor & Gamble’s stock climbed 3.4 percent on word that Bill Ackman, known as an activist hedge fund investor, was given approval from the feds to purchase a large portion of the stalled company. P&G is the world’s largest consumer products company, but its stock has been going nowhere and its sales […]

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Bill Ackman, Hedge Funds, Pershing Square Capital Management, Proctor & Gamble,

Hedge Fund May Support Purchase of Barnes & Noble

December 7, 2010 Debbie Jacobs Hedge Fund News

The New York Times Dealbook has reported that William A. Ackman, of the hedge fund Pershing Square Capital Management, has offered to put up $960 million in financing for Borders to buy its larger rival, Barnes & Noble. The hedge fund owns 37.3% of Borders Group, making it the bookseller’s largest shareholder. Barnes & Noble […]

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Amazon, Barnes & Noble, Pershing Square Capital Management, Wal-Mart, William A. Ackman,