Pershing Square Up Almost 30%

Jan 11 2011 | 6:02am ET

Pershing Square Capital Management had an average December. But the firm’s flagship fund didn’t need a strong month, given how well it did in the previous 11.

The $3.2 billion fund ended the year up 29.7%, some three times the average hedge fund’s performance and about twice the 2010 return for the Standard & Poor’s 500 Index. The fund was up 2.1% in December, Dealbreaker.com reports.

Pershing Square’s eponymous hedge fund soared 12.2% in November.

The New York-based Pershing Square manages $8.7 billion.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

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

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of