Tuesday, 30 June 2015
Last updated 1 hour ago
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.
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…