Bill Ackman is aiming to take Pershing Square public as soon as next year, the WSJ reports. AdvertisementBillionaire Bill Ackman is planning to take his investment firm Pershing Square public, according to a new report in The Wall Street Journal. This funding round is expected to give Pershing Square a roughly $10.5 billion valuation, the outlet reported. For context, Brookfield — valued at about $15 billion — oversees more than $925 billion, compared to the $16.3 billion Pershing Square had under management at the end of April. Ackman could take Pershing Square public as soon as the end of 2025, or early the following year, people familiar with the matter told the WSJ.

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Persons: Bill Ackman, Ackman, —, Francis McGill Organizations: Pershing, Service, Street, Business, Brookfield Asset Management, Brookfield —