Market Moves
IPOs Make a Comeback: First Half Deals Total 20% More Than 1H 2023
Cold storage provider Lineage leads the pack with $4.4 billion offering.
Tag: Bill Ackman
Corporate Moves
Ackman Firm’s Projected Market Cap Is $10 billion
His Pershing Square plans a 2025 IPO, and recently sold a 10% stake worth $1 billion.
Risk
SPACs Get More Bad News as Several Close
The pullbacks of Palihapitiya, Ackman and other investors illustrate the blank-check companies’ rough road.
Newsmakers
Bill Ackman Picks Ryan Israel to Lead ‘Pie Truck Contingency Plan’
Billionaire investor says ‘once-in-a-generation talent' is his choice to take over if pie hauler kills him.
How Activist Bill Ackman Finds His Targets—And Makes a Pile Off Them
The hedge fund honcho, who also has had his duds, combines a composed demeanor under fire and an appetite for enormous risk.
Asset Allocation
Ackman: Delta Variant Won’t Stop a Roaring Economy
Recovery stocks are the place to be, says hedge fund chief, in contrast to his jeremiads of 2020.
Asset Allocation
ESG Will Power Capitalism to Solve Humanity’s Problems, Says Ackman
Hedge fund head cites four stocks, including Starbucks and Lowe’s, as examples of sustainability prowess.
Market Moves
Some SPACs Just Plain Stink, Warns Investing Hotshot Barry Sternlicht
The Starwood chief, who has his own blank check fund, thinks amateurs are taking advantage of the fad, to investors’ detriment.
Alternatives
Stock-Driven Hedge Funds Were Popular in 2020
Pension plans and other big investors favor the alpha-generating chops that equity strategies showed in the bull market, an Agecroft study shows.
Alternatives
Ackman, Griffin, Coleman Are Among Hedge Fund Bigwigs Who Cleaned Up in 2020
These guys were among 15 who personally pocketed $23 billion from their investing scores, a Bloomberg tally shows.
Market Moves
Ackman Bets on a Pandemic Bond Wipeout—Again
His new bearish investment is similar to the one in March that earned him a $2.6 billion jackpot.
Market Moves
Ackman Bets Against Junk Bonds, Now Resurgent
Hedge fund honcho thinks dragged-out economic recovery will harm high-debt companies.
Market Moves
Why Did Bill Ackman Unload His Berkshire Stake?
A self-proclaimed acolyte of Warren Buffett, the hedgie isn’t loudly applauding the Oracle of Omaha like before.
Too Much Leverage, Too Much Risk Are Weighing Down Hedge Funds
Designed to fly high during slumps, a bunch of them have disappointed, big time.
Coronavirus - COVID-19
Ackman Scored $2.6 Billion on Bond Bets as Markets Sank
After toying with cashing in all his assets, the investor placed a canny wager against corporate fixed-income.