Bill Ackman, chief executive officer of Pershing Square Capital Management LP, speaks during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in New York, US, on Tuesday, Nov. 28, 2023.
Bill Ackman's Pershing Square USA withdrew plans for a an initial public offering after investor demand appeared to wane from original expectations.
As of the end of June, Pershing Square had $18.7 billion in assets under management.
Most of the money was under Pershing Square Holdings, a closed-end fund that trades in Europe.
Ackman's move to publicly list Pershing Square was seen as a way to capitalize on his growing presence among retail investors.
Persons:
Bill Ackman, David Rubenstein, Bill Ackman's, Berkshire Hathaway, Seth Klarman's
Organizations:
Pershing, Capital Management, Bill Ackman's Pershing, USA, Berkshire, Pershing Square Holdings, Bloomberg, U.S
Locations:
New York, PSUS, Europe, Seth Klarman's Boston