Bill Ackman tries again with plan for IPO of Pershing Square and a new fund

Pershing Square is aiming to raise at least $5 billion for a new fund. Hedge-fund manager Bill Ackman is again trying to take his fund-management company public, along with the launch of a new fund.

Bill Ackman's Pershing Square Files for IPO—Here's What Investors Need to Know

It could soon get easier for more investors to hold stakes in Pershing Square. Bill Ackman's hedge fund on Tuesday filed for an initial public offering on the New York Stock Exchange. The IPO will use ...
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What Is a Bond Fund? How It Works and Why Investors Use Them

You may be familiar with bonds, but bond funds are a different way to invest in them. A bond fund is a professionally managed pool of bonds — held inside an exchange-traded fund (ETF) or mutual fund — ...
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Bill Ackman Is Pioneering the ‘Buy-5-Get-1-Free’ Hedge Fund IPO

Bill Ackman’s stock market inventions aren’t always as successful as they are creative. The hedge fund entrepreneur’s latest innovation — giving free shares in his firm to investors who buy into his ...