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

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...