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Pershing Square Nets US$3 Billion In Fund IPO

Oct 1 2014 | 11:07am ET

Pershing Square Capital Management has raised more than US$3 billion for a listed hedge fund vehicle that will begin trading in two weeks.

Pershing Square Holdings’ initial public offering garnered US$2.73 billion, founder William Ackman said.

 

Latest News

Hedge Fund Selection: Sussex Partners’ Patrick Ghali Bullish On The Best Of The Best

Oct 2 2014 | 5:56am ET

Patrick GhaliPatrick GhaliTen years ago, Patrick Ghali and Robin Nydes co-founded Sussex Partners with the idea of using their decades of expertise to select only the best of the best hedge funds and fund of hedge funds and pair them with their extensive rolodex of institutional investors. FINalternatives editor Deirdre Brennan recently sat down with Ghali to find out what kinds of funds make the cut, why he is still bullish on fund of funds, and how Sussex is expanding its business.

Hedge Funds Post September Losses

Oct 1 2014 | 11:56am ET

Hedge funds lost ground across the board last month according to a set of industry beta indices.

Perella Weinberg Closes P.E. Fund At $600M

Oct 1 2014 | 11:42am ET

Perella Weinberg Partners has closed its PWP Growth Equity fund with $600 million.

SEC Allows Citi To Resume Hedge-Fund Sales

Oct 1 2014 | 11:04am ET

Citigroup’s exile from hedge-fund sales has proven short-lived.

Two Accused Of Insider Trading On Pershing Square-Herbalife Tip

Oct 1 2014 | 11:03am ET

The roommate of a former Pershing Square Capital Management analyst has been hit with insider-trading charges for allegedly telling another friend about the hedge fund’s planned campaign against Herbalife.

Judge Dismisses Hedge Funds’ Fannie, Freddie Lawsuits

Oct 1 2014 | 11:02am ET

A court has blocked a group of hedge funds’ efforts to stop the federal government’s seizure of the profits of Fannie Mae and Freddie Mac.

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In Depth

High Time For A Cannabis Hedge Fund?

Sep 30 2014 | 7:07am ET

Launching a hedge fund is always a gamble, but Leslie Bocskor's decision to launch one focused on the legal cannabis space actually began with a trip to the casino.

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Peter HechtPeter Hecht
 
 
Ken GriffinKen Griffin
 
 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

September 2014 Cover

High frequency market making

High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.