Hedge Fund News From HedgeCo.Net

Ackman’s Hedge Funds Gain After Years Of Losses, Chipotle Helps

(Reuters) William Ackman’s private hedge fund has gained more than 9 percent this year while his publicly traded fund is up double digits, marking a dramatic reversal for the billionaire investor after three years of losses. Pershing Square International climbed 9.3 percent from January through June 12, an investor in the fund said on Thursday. According to data from HSBC, the firm now ranks as one of the top 20 performing hedge funds for 2018.

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