How Bill Ackman’s $25bn Pershing Square IPO collapsed Investing Bill Ackman’s plans for the largest ever trust IPO in US history, a $25bn float of closed-end fund Pershing Square US, are no more. The billionaire hedge fund manager admitted defeat late last night, withdrawing his proposal that he hoped would be a competitor to Warren Buffett’s Berkshire Hathaway. While Ackman said Pershing had received [...]
Bill Ackman: Billionaire investor backs Donald Trump after assassination attempt Investment Billionaire investor Bill Ackman has formally thrown his support behind Donald Trump following the assassination attempt on the ex-president last week. The hedge fund manager endorsed Trump on X a few hours after the Republican party candidate was injured in a shooting during a rally, stating: “I assure you that I have made this decision [...]