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	<title>Hedge Fund News From HedgeCo.Net &#187; pershing square</title>
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	<description>Breaking Hedge Fund News</description>
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		<title>Bill Ackman appointed to General Growth board</title>
		<link>http://www.hedgeco.net/news/06/2009/bill-ackman-appointed-to-general-growth-board.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/bill-ackman-appointed-to-general-growth-board.html#comments</comments>
		<pubDate>Mon, 08 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
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		<description><![CDATA[Reuters &#8211; Bill Ackman, founder of the Pershing Square hedge fund, has joined the board of bankrupt shopping mall operator General Growth Properties Inc, where he is a large shareholder. Ackman is the founder and managing member of the general partner of Pershing Square Capital Management L.P. Pershing and its affiliates own slightly less than [...]]]></description>
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		<title>Target shareholders reject Ackman board slate</title>
		<link>http://www.hedgeco.net/news/05/2009/target-shareholders-reject-ackman-board-slate.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/target-shareholders-reject-ackman-board-slate.html#comments</comments>
		<pubDate>Fri, 29 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Times and Democrat &#8211; Activist shareholder William Ackman sought for months to replace four incumbents on the Minneapolis-based retailer&#8217;s board of directors with five of his own picks, including himself. The head of Pershing Square Capital Management, which has a 7.8 percent stake in Target, has argued that the cheap chic discount retailer, which has [...]]]></description>
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		<title>Target&#8217;s activist shareholder to hold town meeting</title>
		<link>http://www.hedgeco.net/news/05/2009/targets-activist-shareholder-to-hold-town-meeting.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/targets-activist-shareholder-to-hold-town-meeting.html#comments</comments>
		<pubDate>Mon, 11 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Daily Times &#8211; Less than three weeks ahead of what&#8217;s expected to be a heated proxy contest at Target&#8217;s annual shareholders&#8217; meeting, activist shareholder William Ackman aims to strengthen his case to investors for a new slate of directors by personally introducing his roster at a town hall meeting here Monday. According to documents filed [...]]]></description>
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		<item>
		<title>Hedge fund, Target take off gloves in proxy fight</title>
		<link>http://www.hedgeco.net/news/04/2009/hedge-fund-target-take-off-gloves-in-proxy-fight.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/hedge-fund-target-take-off-gloves-in-proxy-fight.html#comments</comments>
		<pubDate>Wed, 22 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
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		<description><![CDATA[Reuters &#8211; The battle for board seats at Target Corp heated up on Tuesday when Pershing Square Capital Management called the current directors &#34;suboptimal&#34; after the retailer said the hedge fund has a &#34;risky agenda. The New York-based hedge fund, which owns about 7.8 percent of Target&#8217;s shares, and the Minneapolis-based retailer fired off a [...]]]></description>
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		<title>A Fund Manager Wins, and Moves On</title>
		<link>http://www.hedgeco.net/news/04/2009/a-fund-manager-wins-and-moves-on.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/a-fund-manager-wins-and-moves-on.html#comments</comments>
		<pubDate>Thu, 16 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
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		<description><![CDATA[New York Times &#8211; William A. Ackman makes a lot of noise for someone in the hush-hush business of hedge funds. He harangues executives, goads boards, talks this stock up and that one down &#8212; all in search of profit. On Thursday, someone listened. After a campaign by Mr. Ackman that had lasted for months, [...]]]></description>
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		<title>Target Warns Shareholders Against Hedge Fund&#8217;s Proposed Board</title>
		<link>http://www.hedgeco.net/news/04/2009/target-warns-shareholders-against-hedge-funds-proposed-board.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/target-warns-shareholders-against-hedge-funds-proposed-board.html#comments</comments>
		<pubDate>Thu, 09 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Target Corp. asked shareholders yesterday to reject a proposed slate of directors nominated by Pershing Square Capital head William Ackman. &#160;Ackman&#8217;s hedge fund, who holds a 7.8 percent stake in the discount retailer, is continuing his proxy fight in an effort to boost stock prices and investor returns.&#160; Ackman has suggested [...]]]></description>
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		<title>Hedge Fund Head Nominates Himself, Four Others to Target Board</title>
		<link>http://www.hedgeco.net/news/03/2009/hedge-fund-head-nominates-himself-four-others-to-target-board.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/hedge-fund-head-nominates-himself-four-others-to-target-board.html#comments</comments>
		<pubDate>Tue, 17 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Pershing Square Capital head William Ackman is planning to nominate himself, along with four others to the Target Corp. board of directors, in which the hedge fund holds a near 10 percent stake. Ackman has confirmed that he is nominating former Starbucks CEO Jim Donald, Winthrop Realty Trust CEO Michael Ashner, [...]]]></description>
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		<item>
		<title>Ackmans Pershing Square Target Fund Fell 33.3% in February</title>
		<link>http://www.hedgeco.net/news/03/2009/ackmans-pershing-square-target-fund-fell-333-in-february.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/ackmans-pershing-square-target-fund-fell-333-in-february.html#comments</comments>
		<pubDate>Wed, 04 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Bloomberg &#8211; William Ackman&#8217;s hedge fund that invests solely in Target Corp. fell 33.3 percent in February, bringing the loss since inception to 93 percent, according to an e-mail sent to investors. The decline in Pershing Square IV fund was more than three times that of Target shares in February. Ackman made his bet using [...]]]></description>
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		<title>Hedge Fund Manager Looking to Shake Up Target Board</title>
		<link>http://www.hedgeco.net/news/02/2009/hedge-fund-manager-looking-to-shake-up-target-board.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/hedge-fund-manager-looking-to-shake-up-target-board.html#comments</comments>
		<pubDate>Fri, 27 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Hedge fund manager William Ackman of Pershing Square Capital Management is in talks with discount retailer Target to nominate some potential members to their board of directors, according to a recent Securities and Exchange Commission filing. The hedge fund currently holds a 9.7 percent stake in the Minneapolis-based company, but has [...]]]></description>
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		<item>
		<title>Ackman&#8217;s hedge fund for Target falls 40%</title>
		<link>http://www.hedgeco.net/news/02/2009/ackmans-hedge-fund-for-target-falls-40.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/ackmans-hedge-fund-for-target-falls-40.html#comments</comments>
		<pubDate>Tue, 17 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Birmingham Business Journal &#8211; The hedge fund created by activist investor William Ackman to buy up shares of Target Corp. lost 40.1 percent of its value in January, according to a Bloomberg News report.&#160; Since creating the fund, called Pershing Square IV, Ackman has acquired a 9.7 percent stake in Target. He recently attempted to [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>The Hedge Fund Money-Go-Round</title>
		<link>http://www.hedgeco.net/news/02/2009/the-hedge-fund-money-go-round.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/the-hedge-fund-money-go-round.html#comments</comments>
		<pubDate>Sun, 15 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Seekingalpha.com &#8211; Bill Ackman explains how hedge funds work, specifically with regard to investors in Pershing Square IV, his fund dedicated (disastrously) to going long Target. Some of these investors, who are for the most part other hedge funds (that comprised approximately $1.3 billion of the original $2 billion of fund capital), have told me [...]]]></description>
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		<title>Ackman Paves Way for New Hedge Fund Management Moves</title>
		<link>http://www.hedgeco.net/news/02/2009/ackman-paves-way-for-new-hedge-fund-management-moves.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/ackman-paves-way-for-new-hedge-fund-management-moves.html#comments</comments>
		<pubDate>Thu, 12 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; William Ackman, who runs hedge fund Pershing Square Capital Management, is letting clients withdraw as much of their investment as they please.&#160; A vast change from the dozens of hedge funds who rushed to halt redemptions, Ackman is personally stepping up to the plate, apologizing profusely for one of his fund&#8217;s [...]]]></description>
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		<title>Hedge Fund Lets Investors Withdraw What Is Left</title>
		<link>http://www.hedgeco.net/news/02/2009/hedge-fund-lets-investors-withdraw-what-is-left.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/hedge-fund-lets-investors-withdraw-what-is-left.html#comments</comments>
		<pubDate>Mon, 09 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<category><![CDATA[target corporation]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York Times &#8211; In a move that could force similar changes at other money-losing hedge funds, the well-known fund manager William A. Ackman is cutting his fees and allowing investors to take what is left of their money from one of the funds he manages. Mr. Ackman, who runs Pershing Square Capital Management, is [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/02/2009/hedge-fund-lets-investors-withdraw-what-is-left.html/feed</wfw:commentRss>
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		</item>
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		<title>Hedge Fund Peers Come to Merkin&#8217;s Defense</title>
		<link>http://www.hedgeco.net/news/01/2009/hedge-fund-peers-come-to-merkins-defense.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/hedge-fund-peers-come-to-merkins-defense.html#comments</comments>
		<pubDate>Mon, 19 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[ascott]]></category>
		<category><![CDATA[attorney-general-andrew-cuomo]]></category>
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		<category><![CDATA[honest person]]></category>
		<category><![CDATA[intelligent person]]></category>
		<category><![CDATA[merkin]]></category>
		<category><![CDATA[michael steinhardt]]></category>
		<category><![CDATA[money manager]]></category>
		<category><![CDATA[new-york-attorney-general]]></category>
		<category><![CDATA[new-york-attorney-general-andrew-cuomo]]></category>
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		<category><![CDATA[york-attorney-general-andrew-cuomo]]></category>

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		<description><![CDATA[TheStreet.com &#8211; Two contemporaries rushed to the defense of hedge fund manager Ezra Merkin, who is reportedly being investigated by New York Attorney General Andrew Cuomo after his investors lost billions of dollars linked to disgraced money manager Bernard Madoff. William Ackman, who manages Pershing Square Capital, and Michael Steinhardt of Steinhardt, Fine, Berkowitz &#38; [...]]]></description>
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		</item>
		<item>
		<title>Ackman’s Hedge Fund for Target Stake Fell 68% in 2008</title>
		<link>http://www.hedgeco.net/news/01/2009/ackmans-hedge-fund-for-target-stake-fell-68-in-2008.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/ackmans-hedge-fund-for-target-stake-fell-68-in-2008.html#comments</comments>
		<pubDate>Tue, 06 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[credit card unit]]></category>
		<category><![CDATA[decline]]></category>
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		<category><![CDATA[minneapolis]]></category>
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		<category><![CDATA[william ackman]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; William Ackman&#8217;s hedge fund that invests in Target Corp. fell 68 percent last year, more than double the loss by the second-largest U.S. discount chain. Pershing Square IV declined 7.7 percent in December alone, according to a letter to investors from Pershing Square Capital Management LP. Ackman and Pershing spent about $2 billion [...]]]></description>
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