Hedge Fund News From HedgeCo.Net


Ackman May Sell Shares in Hedge Fund in 2012 for Stable Capital

Bloomberg – Bill Ackman, the money manager known for investing in companies to press for changes, said he may sell shares in a hedge fund to secure more permanent capital for investments as soon as next year.

Ackman, founder of New York-based Pershing Square Capital Management LP, told an audience late yesterday at the Harmonie Club in New York that he plans to sell shares in a closed-end fund, which trades on an exchange.

Read Complete Article

 

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>