Pershing Square’s Bill Ackman Touts His Hedge Funds

March 27, 2018   Stephen Taub

In the fund manager’s annual report, he points to his public fund’s 23 percent discount to NAV as a reason that now is a “particularly attractive” time to invest in it.

Pershing Square Capital Management’s Bill Ackman thinks now is a great time to invest in his hedge funds. The high-profile activist manager is well aware his hedge funds have lost money in each of the past three years and is …

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