Ackman's Pershing targets $5 billion IPO for closed-end fund, Bloomberg News reports
ReutersNov 25, 2025 9:20 PM
Nov 25 (Reuters) - Billionaire investor Bill Ackman is aiming to raise $5 billion through the U.S. listing of his closed-end fund, Bloomberg News reported on Tuesday, citing people with knowledge of the offering.
Pershing Square did not immediately respond to a Reuters request for comment.
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