Bill Ackman

Media & Entertainment

Universal Music Group (Ackman’s Version): Hedge Fund Mogul Makes $63B Takeover Bid

Photo via Christine Olsson/ZUMAPRESS/Newscom

n the proposed deal, UMG would merge with Pershing Square SPARC Holdings, a blank-check special-purpose acquisition rights company.

2 min read

Photo via Kris Tripplaar/Sipa USA/Newscom

Hedge Funds

Bill Ackman Tests Main Street Rizz with Pershing Square IPO

Ackman’s move comes at a time when many young retail investors have grown tired of their classic stock-and-bond portfolios.

2 min read
Photo via Kris Tripplaar/Sipa USA/Newscom

Hedge Funds

Bill Ackman’s Pershing Powers Through AI Selloff With a Big Bet Worth Watching

Pershing returned 34% last year, well ahead of the S&P 500’s 17.9% and marking the latest in a near-decade-long streak of besting the index.

2 min read
Photo by Tupungato via iStock

Hedge Funds

Bill Ackman’s Huge Bet on Hertz May Win a Jackpot if Trade War Drags On

Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.

2 min read

Advisor Upside

Are Financial Advisors Expecting a Recession?

Photo by Getty Images via Unsplash

Advisors are calling for an economic slowdown. The million-dollar question is how hard it will hit.

2 min read

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