Saturday, 29 August 2015
Last updated 18 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…