Pershing Square Capital Management

Answer to hedge fund redemption woes?

It's no secret that hedge funds have struggled mightily with their redemptions policies. In the wake of the 2008 financial crisis, lots of limited partners rushed for the doors. That put fund

Bill Ackman may launch a closed end hedge fund

Hedge funds would love to secure funding from a source that would be willing to ride out the bad times as well as enjoy the good times. If the recent financial crisis taught the industry anything,

Hedge funds fared well in 2010

Thanks to a decent run toward the end of the year, hedge funds fared decently in 2010. HedgeFund Intelligence's Global Composite Index rose 2.3 percent for December and rose 8.08 percent for the

Top Hedge Fund Managers Convene for Bloomberg Hedge Funds 2010

Industry Leaders, Including Bill Ackman, Glenn Dubin and Leon Cooperman, To Examine Key Issues for Funds and 2011 Outlook NEW YORK--(BUSINESS WIRE)-- As hedge funds begin to recover, having rallied

Hedge funds choose Citigroup over Bank of America

So which bank is a better bet right now: Bank of America (NYSE: BAC) or Citigroup (NYSE: C)? Apparently, hedge funds collectively think Citigroup has a bit more upside at the moment. There seems to

General Growth Properties Files Amended Plan of Reorganization and Investment Agreements

Modifications Increase GGP’s Capital Structure Flexibility and Improve Investment Terms GGP Remains on Target to Emerge from Chapter 11 in October 2010 with Strong Financial Foundation and Clear

General Growth Properties to Receive $500 Million Equity Investment from Teacher Retirement System of Texas

Investment Expands and Diversifies GGP’s Ownership Base and Preserves Flexibility CHICAGO & AUSTIN, Texas--(BUSINESS WIRE)-- General Growth Properties, Inc. (NYSE:GGP) and The Teacher Retirement

Investor Bill Ackman and Author Christine Richard to Sign, Discuss ‘Confidence Game: How a Hedge Fund Manager Called Wall Street

Who Bill Ackman is at the center of Christine Richard’s “Confidence Game: How a Hedge Fund Manager Called Wall Street’s Bluff,” the story of his six-year campaign to warn that the $2.5 trillion bond

Reassessing Ackman's Target battle

It looks like a resounding defeat on paper. None of Bill Ackman's five director candidates were elected, despite support from RiskMetrics. Fortune notes that the percentage of votes in favor of

Activist hedge fund managers continue to suffer?

"The Bloom" has been off the big-name activist investors for a while now. William Ackman at least is owning up to his failures. "I apologize profusely for the fund's results to date," he said in an