Bill Ackman
Coverage of Bill Ackman in the Nexus archive.
- What business leaders are saying — and doing — about California's proposed billionaire tax
California's proposed 5% wealth tax on residents with over $1 billion in assets has drawn public opposition and relocation actions from billionaires like Larry Page and business leaders such as Bill Ackman and Ben Horowitz. The tax, backed by a labor union to address budget deficits, is set for a 2026 ballot vote and faces criticism for potentially discouraging entrepreneurship and expropriating private property.
- Bill Ackman, David Tepper, and other billionaire fund managers are quietly piling into Amazon
Bill Ackman, David Tepper, and other billionaire fund managers are increasing their investments in Amazon, viewing it as undervalued despite its muted stock performance compared to AI-focused peers. Amazon's cloud division is highlighted for rapid growth, and investors argue its components are worth more than the current market valuation.
- New York’s richest aren’t opening their wallets to stop the left
New York's wealthiest residents are not financially supporting efforts to counter the left's growing political influence, despite recent democratic socialist gains and tax policy disputes. Republicans are struggling to secure funding for key candidates like Bruce Blakeman, as swing districts and moderate Democratic incumbents remain critical in shaping state and national policies.
- Bill Ackman’s Pershing Square to Exit Universal Music Stake
Bill Ackman's Pershing Square is exiting its stake in Universal Music Group NV. Ackman has proposed a bid for Universal Music Group to boost returns on one of his hedge fund's largest holdings.
- Bill Ackman sees investors repeating a mistake of 2000: Flocking to the ‘new new’ and ignoring quality names
Billionaire hedge-fund manager Bill Ackman warns investors are ignoring Microsoft and other Big Tech names in favor of newer opportunities like chip stocks, echoing a 2000-era mistake.
- Universal Music declines takeover offer from Bill Ackman’s Pershing Square
Universal Music Group rejected a takeover offer from Bill Ackman's Pershing Square. Ackman argued relocating the record company's listing from Amsterdam to New York would unlock value.
- Bill Ackman says he built Microsoft position in first quarter
Bill Ackman's Pershing Square Capital Management has built a position in Microsoft. This was announced by Bill Ackman on Friday. The position was built in the first quarter.
- Ackman’s Pershing Seeks to Toss Suit Over Howard Hughes Deal
Bill Ackman's Pershing Square Capital Management LP is seeking to dismiss a lawsuit related to a Howard Hughes deal. The company raised $5 billion through an initial public offering. Ackman plans to use the funds for long-term investments.
- Can Bill Ackman save the closed-end fund?
Bill Ackman, a financier, aims to build a modern-day Berkshire Hathaway. He wants to save the closed-end fund. The goal is to create a successful investment entity.
- Pershing Square IPO Investors Post Gain After Free Shares
Pershing Square Capital Management's IPO raised $5 billion, led by CEO Bill Ackman, who rang the opening bell at the New York Stock Exchange. The funds will be used for long-term investments modeled after Warren Buffett's strategy.
- Bill Ackman Bought Pershing Square Shares in First Trading Day
Bill Ackman, CEO of Pershing Square Capital Management, purchased shares on the company's first trading day following its IPO. The event took place at the New York Stock Exchange on April 29.
- Ackman’s Fund IPO Raises $5 Billion for Permanent Capital Plan
Bill Ackman's Pershing Square Capital Management LP raised $5 billion through an IPO to fund a permanent capital plan. The offering highlights significant investor confidence in Ackman's strategy for long-term capital deployment.
- Ackman’s Pershing Square IPO Expected to Raise $5 Billion
Bill Ackman's Pershing Square is preparing an IPO expected to raise $5 billion, marking a significant move in the financial sector. The offering highlights the firm's growth and investor confidence in its business strategy.
- Bill Ackman’s Pershing Square IPO Expected to Raise $5 Billion
Bill Ackman's Pershing Square Capital Management is set to launch an initial public offering (IPO) expected to raise $5 billion. The IPO marks a significant milestone for the hedge fund, which Ackman founded in 2004.
- Ackman’s Joint Pershing Square, Fund IPO Begins Formal Marketing
Bill Ackman's joint venture, Pershing Square Fund, is initiating formal marketing for its IPO. The fund's IPO marks a significant step in its fundraising efforts. Ackman's involvement highlights his continued focus on investment strategies.