Hedge Fund - Pershing Square

Another piece of gritty New York City is giving way to the appetites of Wall Street.

Billionaire hedge fund manager William Ackman, whose investment assets have shrunk by more than half in the last three years, has made a second round of staff cuts and laid off three investor relations...

(Reuters) - Activist investor Carl Icahn boosted his stake in Energen Corp (EGN.N), a filing showed on Tuesday, as he eyes a potential takeover of the oil and gas producer.

William Ackman's private hedge fund has gained more than 9 percent this year while his publicly traded fund is up double digits, marking a dramatic reversal for the billionaire investor after three years...

Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such...

Chairman and CEO of Omega Advisors Leon Cooperman told CNBC on Wednesday he would take some profits on his holdings if stocks gained because the market is fully valued.

George Soros says the euro area is in “existential danger” -- and the world’s biggest banks are flogging a flurry of products to parlay his warning into tantalizing returns.

While activist investors have their detractors, who often accuse them of putting short-term shareholder returns above the long-term welfare of a company and its employees, it's undeniable that they bring...

Bill Ackman's Pershing Square has taken a stake in Lowe's, a source tells CNBC. Ackman's new stake in the home improvement retailer was first reported by Dow Jones.