Bill Ackman's Pershing Square and New Fund File for US IPOs

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Bill Ackman's Pershing Square Files for US IPOs of Hedge Fund & New Fund

Bill Ackman's Pershing Square Files for US IPOs of Hedge Fund & New Fund

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CNBC TV18•10-03-2026, 19:15

Bill Ackman's Pershing Square Files for US IPOs of Hedge Fund & New Fund

•Billionaire investor Bill Ackman's Pershing Square filed for US IPOs of his hedge fund and a new fund, Pershing Square USA, on Tuesday, March 10.
•The move marks a major milestone, positioning Ackman to join a select group of publicly traded alternative asset managers.
•Pershing Square USA aims to raise $5B-$10B, selling shares at $50, and has secured $2.8B in commitments from institutional investors.
•Ackman stated market disruption benefits investment vehicle IPOs like PSUS, which will invest in 12-15 undervalued North American companies.
•The hedge fund had $30.7 billion in assets under management as of December end and previously sold a 10% stake at a $10.5 billion valuation.

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