Tag Archives: pershing-square-capital-management-lp

Ackman’s Hedge Fund for Target Stake Fell 68% in 2008

Bloomberg – William Ackman’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 […]

Ackman Adds Cash to Target Hedge Fund as Stock Slides

Bloomberg- William Ackman, the activist hedge fund manager, increased his $2 billion bet on Target Corp. as shares of the second-largest U.S. discount retailer declined as much as 38 percent in the past year, according to two people with knowledge […]