LONDON, July 02, 2024-- Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today released the following regular monthly Net Asset Value (NAV) and Performance Report for the month of June 2024. The information has also been posted to the PSH website, www.pershingsquareholdings.com. Monthly net asset value and performance are calculated at the close of business on the last business day of the month.
(Bloomberg) -- Bill Ackman’s Pershing Square set the initial public offering price of its US closed-end vehicle at $50 per share, as the billionaire’s firm moves ahead with what could be the largest ever closed-end fund in the US. Most Read from BloombergGavin Newsom Is Ready for the Biden EmergencyThe Question on Democrats’ Minds: How to Replace Biden?Biden’s Disastrous Debate Accelerates Doubts Over CandidacySupreme Court Overturns Chevron Rule in Blow to Agency Power‘I Was Afraid of This’: Bi
Ackman is launching a new investment portfolio that will be available to anyone who can invest in the United States, including retail investors. Potential investors need to purchase at least 100 common shares of Pershing Square USA in order to participate in the offering. Ackman's new fund will mimic his existing Europe-listed hedge fund Pershing Square Holdings, but offer lower fees and quicker access to capital.