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

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note