Pershing Square Soars 12% In November

Dec 6 2010 | 4:22am ET

November was one of the worst months of the year for the hedge fund industry, which saw broad losses. But it was easily the best month of the year for William Ackman and Pershing Square Capital Management.

The New York-based firm's flagship hedge fund soared 12.2% last month, Dealbreaker.com reports. The huge November accentuates what has been a huge 2010 for Pershing Square, whose $3 billion Pershing Square fund is up 27% on the year.

Pershing Square manages a total of $8.46 billion.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of