Pershing Square
Coverage of Pershing Square in the Nexus archive.
- US futures climb ahead of more inflation data, though major indexes are down for the week
US futures climbed ahead of upcoming inflation data, though major indexes were down for the week. Global markets showed divergence, with Japan's Nikkei 225 and South Korea's Kospi advancing sharply, while Britain's FTSE 100 and Hong Kong's Hang Seng declined. Commodity prices also shifted, with benchmark U.S. crude and Brent crude both slipping in value.
- Bill Ackman once exited Netflix stake in a huff. Why he’s buying the streaming giant again as well as these five stocks.
Bill Ackman is reportedly buying Netflix again, viewing it favorably. The article states that Netflix was included among six stocks which Pershing Square added during the last six months.
- ‘Socialism is a disaster’: Bill Ackman says Zohran Mamdani’s bad left-wing housing policy is worsening New York’s affordability crisis
Bill Ackman argues that New York City's affordability crisis stems from left-wing housing policies, specifically criticizing Mayor Zohran Mamdani's rent-freeze agenda. Ackman claims rent-stabilization rules split the housing market, reduce available units, and force landlords to raise market-rate rents. Mamdani, a democratic socialist, defended the rent freeze as a victory for tenants.
- 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.
- 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.
- 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.
- Pershing Square's Ackman Talks IPO, State of Markets
Pershing Square's William Ackman discusses initial public offerings (IPOs) and the current state of financial markets in an interview. The conversation focuses on market dynamics and investment strategies amid economic conditions.
- Ackman’s $5 Billion Pershing IPO Squeaks Across the Finish Line
William Ackman's Pershing Square completed a $5 billion initial public offering (IPO) on April 29, marking a significant milestone for the hedge fund. The IPO was described as a close success, navigating challenges to finalize the listing at the New York Stock Exchange.
- 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.
- Man beaten, set on fire in downtown Los Angeles
A 70-year-old man was beaten and set on fire during a possible robbery in downtown Los Angeles near Pershing Square overnight. The incident occurred at 6th and Olive streets, with police responding to a call about an assault with a deadly weapon.