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Bill Ackman just took a $200 million hit to his reputation
The billionaire investor Bill Ackman and his firm, Pershing Square — along with Valeant Pharmaceuticals — will pay just under $300 million to settle an insider-trading suit over their attempt to buy...
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Carl Icahn just dunked on Bill Ackman to end one of the most high-profile...
Pershing Square exited from its $1 billion short position on Herbalife. The firm's Bill Ackman got into a public spat with famed investor Carl Icahn, who's bullish on the stock.Icahn is now gloating...
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Investors are reportedly pulling out of Bill Ackman's hedge fund at a 'rapid...
Institutional investors are pulling out of Pershing Square Capital at a "rapid pace," according to The Wall Street Journal.Pershing Square's total assets reportedly declined by 12%, to $8.2 billion, in...
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Watching Larry Kudlow flail is a reminder that Trump has brought one of Wall...
Wall Street will not claim President Donald Trump, but that doesn't mean Trump hasn't embraced Wall Street. He emulates the Street not just in his policies, but in his disastrous hires.Research...
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Meet the 'rockstar' MIT professor who's been linked to Brad Pitt and...
Brad Pitt is reportedly spending time with MIT Media Lab professor Neri Oxman — though the relationship isn't romantic.Oxman is reportedly dating billionaire hedge fund manager Bill Ackman.Oxman was...
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LeBron James and Arnold Schwarzenegger own part of Bill Ackman's office...
LeBron James and Arnold Schwarzenegger also invested in Georgetown Company. Georgetown also got an investment from music mogul Jimmy Iovine and Boston Red Sox chairman Tom Werner.A group of celebrities...
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Starbucks spikes after hedge-fund billionaire Bill Ackman discloses a stake...
Bill Ackman, the billionaire founder of Pershing Square Capital Management, disclosed a stake in Starbucks on Tuesday, according to multiple reports. Starbucks shares jumped by as much as 5% following...
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Hedge fund billionaire Bill Ackman calls for pay freeze in Congress to end...
The billionaire activist investor Bill Ackman used Twitter late Thursday to weigh in on the partial US government shutdown.Ackman called for members of Congress to have their pay stopped during the...
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It's a billionaire bounce back as Einhorn, Ackman, and Edelman all post good...
For several well-known funds, the start of 2019 has helped wash off the stink of last year, as big-name managers like David Einhorn, Bill Ackman, Joseph Edelman and Dmitry Balyasny all finished January...
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Bill Ackman's Pershing Square says it's 'returning to its roots,' and it shed...
Bill Ackman's $7.9 billion Pershing Square hedge fund lost a third of its staff in 2018, dropping from 56 employees to 38, according to an investor presentation. The staff cuts, which were the first...
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Stock-pickers are starting the year hot, but investors still pulled billions....
Long-short equity funds, the biggest strategy by assets in the $3.2 trillion hedge fund space, have had a hot start to 2019. But investors have still pulled out billions.The stock-picking space has...
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A 28-year-old hedge fund star who took on Bill Ackman slammed a 'bizarre' ban...
Short seller Fahmi Quadir has criticized a regulator for banning shorts of payment processing firm Wirecard, and says she is short the stock.Quadir splashed on the scene with bearish bets on Valeant in...
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Investors are hot on hedge funds again, but old-school stock pickers are...
Despite coming off one of the worst performing years on record, hedge funds are enjoying renewed interest from investors, who believe there is a market slowdown coming, a JPMorgan survey finds.But the...
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Humans are beating machines, and Pershing Square and Greenlight are crushing...
Bill Ackman's Pershing Square, David Einhorn's Greenlight Capital, and $1.4 billion 12 West Capital Management are some of the hedge funds that are flying high so far this year. Quants haven't exactly...
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Bill Ackman's hedge fund reveals new stake in Warren Buffett's Berkshire...
Activist investor Bill Ackman has purchased a stake worth about $696 million in Warren Buffett's Berkshire Hathaway, according to a new filing with the Securities and Exchange Commission.Ackman's...
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Billionaire activist Bill Ackman says WeWork has a 'high probability' of...
The billionaire activist Bill Ackman says WeWork has a "high probability" of being worth zero, according to the Financial Times.Speaking at the Robin Hood Investors Conference on Tuesday, Ackman also...
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Billionaire hedge-fund manager Bill Ackman is poised to exceed 50% returns...
Bill Ackman's hedge fund is pacing itself for returns in excess of 50% through 2019 after three consecutive yearly losses.Pershing Square Capital Management posted a 3.4% gross gain for November, or...
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Billionaire Bill Ackman's hedge fund delivered 58% returns in 2019 after...
Pershing Square Holdings, the activist hedge fund run by the billionaire Bill Ackman, returned 58.1% in 2019, the fund said in December.It was the first net positive annual performance for Ackman's...
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Here are the 8 biggest holdings in Bill Ackman's flagship hedge fund, which...
Billionaire Bill Ackman's hedge fund returned 58% in 2019.The 2019 performance was a fantastic rebound for the fund, which posted negative net returns each year from 2015 to 2018. Here are the top...
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Billionaire Bill Ackman's Pershing Square just exited its positions in...
The billionaire Bill Ackman's Pershing Square sold its stake in Starbucks in January, according to an investor presentation.The firm exited stakes in ADP and United Technologies last year. The $8.5...
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