Hedge Fund - Pershing Square

Billionaire Bill Ackman will be a keynote speaker at the 8th Annual New York Value Investing Congress, October 1 & 2, 2012 in New York City.

New York City, embracing an experimental mechanism for financing social services that has excited and worried government reformers around the world, will allow Goldman Sachs to invest nearly $10 million...

Pershing Square Capital Management, the hedge fund run by Bill Ackman, told investors this week that it sold its entire position of Citigroup, Inc. (NYSE:C).

Hedge fund Pershing Square Capital Management told investors this week that it recently sold its position in Citigroup and used that money to buy shares of Procter & Gamble.

Bill Ackman was talking to one of his friends at the Delivering Alpha Conference and Jim Cramer said "good luck" to him while he was passing by. Ackman's friend asked whether that was Cramer.

We are at the Delivering Alpha Conference. Billionaire hedge fund manager Bill Ackman will talk about his recent investment in Procter & Gamble (NYSE:PG). We will keep you updated.

Bill Ackman runs Pershing Square, an activist hedge fund that buys significant stakes in companies to influence management decisions.

Second quarter wasn't very kind to most hedge fund managers' long positions. S&P 500 index ETF (SPY) lost 2.84% during the quarter.

William Ackman had to wait only six weeks after winning a proxy fight at Canadian Pacific Railway Ltd. (CP) for his choice as chief executive officer to get the job.