Pershing Square USA IPO aims to raise $25 billion, mirroring European fund, confident in outperforming markets.

From Quiver Quantitative: 2024-07-11 19:54:33

Billionaire hedge fund manager Bill Ackman is marketing the Pershing Square USA IPO, aiming to raise $25 billion. The fund mirrors its European counterpart, focusing on long-term equity stakes in North American growth companies. The fee structure includes a 2% management fee, with no option for liquidation or extension. Ackman’s confidence in his ability to outperform markets and engage in activism is expected to attract investors. Upcoming global town halls will engage potential investors, with Ackman potentially launching an IPO for the management company by 2026.

Ackman’s Pershing Square USA IPO aims to raise $25 billion, with a structure mirroring the European fund. The fund’s unique perpetual nature and fee structure set it apart from recent launches, showcasing confidence in outperforming markets through strategic investment and activism. Ackman’s strategic engagement with potential investors includes global town halls and a potential IPO for Pershing Square’s management company by late 2025 or 2026.



Read more at Quiver Quantitative: Pershing Square USA IPO Draws Inspiration from Berkshire Hathaway