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Bill Ackman’s $10B Fund Launch: Defying Market Odds

Renowned investor Bill Ackman is launching Pershing Square USA Ltd, the largest U.S. closed-end fund, aiming to raise over $10 billion. Despite challenges in the market, his track record and unique strategies make it attractive to investors and could impact the closed-end fund market.

by Terry Bingman
Tue, Feb 13, 2024 12:57pm
in Business
• 2 mins read
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Bill Ackman's B Fund Launch: Defying Market Odds | FinOracle

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Bill Ackman to Launch the Largest U.S. Closed-End Fund, Pershing Square USA Ltd

Bill Ackman, the renowned investor, is making a bold move to launch the largest U.S. closed-end fund ever, aiming to raise $10 billion or more. The planned fund, Pershing Square USA Ltd, is set to trade on the NYSE under the ticker PSUS.

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