Pershing Square Capital Management - Investor Profile


Primary Address:

Investor Information:

888 Seventh AvenueTotal AUM ($MM):5,800
29th FloorEquity AUM ($MM):3,318
New York, NY 10019Investment Style:Deep Value
United StatesOrientation:Shareholder Activist
Phone: 212-813-3700 Investor Type:Hedge Fund Manager
Fax: 212-813-3700

Institutional Investor Background


Pershing Square Capital Management is a deep value and activist-oriented hedge fund manager that was founded in 2003 by President and managing partner Bill Ackman. The firm was founded with backing by WMAC Investments, a subsidiary of holding company Leucadia Corporation (NYSE: LUK). Prior to establishing Pershing Square, Mr. Ackman co-founded hedge fund Gotham Partners L.P.

Pershing Square Capital's hedge funds include the Pershing Square L.P., Pershing Square II L.P, Pershing Square International Ltd, and Pershing Square IV L.P. Pershing Square IV was launched in 2007 with the sole purpose of investing in Target Corp (NYSE: TGT), which Mr. Ackman has led an extensive shareholder activist battle against. Beyond Target Corp., Pershing Square has also led notable activist battles against Ceridian Corp., McDonald's, Visa, and Wendy's.

Investor Regional and/or Country Focus: North America

Founders and Key Executives of Pershing Square Capital Management: William 'Bill' Ackman; Nicholas Botta; Roy J. Katzovicz; Scott Ferguson*

Entities related to Pershing Square Capital Management: Leucadia Corporation (NYSE: LUK); Pershing Square IV; Pershing Square LP; Pershing Square Capital

Relevant Firms***: Marcato Capital Management; Sachem Head Capital Management

*Denotes that the person or entity is no longer related to the firm. **If you would like to submit investor updates, please click here. ***Relevant firms may include firms where founders previously worked, funds that were spun-off from the firm, funds that were seeded by the firm and/or unrelated firms that were founded by veterans of the fund. For specific details, please review the Investor Background sections for each firm of interest.



Pershing Square Capital Management's Top 10 Equity Holdings


Value
Company (Ticker) ($MM) Shares Change % Out
Canadian Pacific Railway Limited (U.S.A) (CP) 2,147.48 24,159,888 0 14.26
Procter & Gamble Co (PG) 2,147.48 27,946,892 0 1.01
General Growth Properties Inc (GGP) 1,485.71 74,733,712 0 7.92
Beam Inc (BEAM) 1,322.81 20,818,545 0 13.48
Justice Delaware Holdco Inc. (BKW) 732.91 38,372,120 10,760 10.96
JC Penney Co Inc (JCP) 590.44 39,075,771 0 17.82
Howard Hughes Corp (HHC) 299.04 3,568,017 0 9.40
Mondelez International Inc (MDLZ) 183.02 5,978,956 5,978,956 0.34
Matson Inc (MATX) 74.64 3,033,985 -610,963 7.28

To See Complete Investor Holdings, Sign-up for a Free-Trial of HedgeTracker's Premium Database

Articles Related to Pershing Square Capital Management


Daniel Loeb’s Third Point, Crispin Odey’s Odey European and Jeffrey Altman’s Owl Creek hedge funds lead January Surge

Date: January 28th, 2013
If “as goes January, so goes the year” holds true, the larger hedge funds may have much to celebrate in 2013. As reported by Value Walk, a slew of...

Hedge Fund Titans Carl Icahn and Bill Ackman Clash over Herbalife

Date: January 25th, 2013
Carl Icahn makes no secret about his disdain for Bill Ackman’s investment methodology, particularly as it applied to his big short position in Herbalife....

2012 Shareholder Activism in Review - Started Out Slow, But Then...

Date: January 2nd, 2013
As we predicted a year ago, 2012 started out slowly - no major activist projects underway, few regulatory developments, all the significant players quiet....

Bill Ackman’s Pershing Square edges closer to public offering with $2.2 Billion in Investor Commitments

Date: November 30th, 2012
With $2.2 billion in commitments from 120 investors, Pershing Square Holdings, Ltd founder, Bill Ackman is on the verge of realizing his vision of taking...

Bill Ackman’s Pershing Square Capital wants “premium” price for General Growth Properties

Date: August 27th, 2012
Pershing Square Capital sent a letter to the board of General Growth Properties, Inc. (GGP) on August 23 discussing their investment in the company over...

Marathon Asset Management Throws Wrench into Bill Ackman’s Plan to Revive JC Penny

Date: August 15th, 2012
Marathon Asset Management LP came up on the winning side of its bet that a plan backed by Bill Ackman of Pershing Square Capital Management to revive...

Emerging Managers Marcato Capital and Mudrick Capital outpace industry stalwarts

Date: August 10th, 2012
In what is shaping up to be another subpar year for the hedge fund industry, recently spawned funds are proving, once again, that small is better for...

Daniel Loeb's Third Point Management makes big bet on Kraft

Date: August 3rd, 2012
Third Point Management, the $8.7 billion hedge fund firm managed by Daniel Loeb has join investment titans, Bill Ackman and Warren Buffet, in making Kraft...

Institutional Investors like what they see in Activist Hedge Funds: ValueAct, PershingSquare & Third Point

Date: May 4th, 2012
In just the last couple of years, an increasing number of institutional investors seeking greater returns are placing bigger bets with activist hedge...

2012 Preview - A Quiet(er) Year for Activist Investors?

Date: January 27th, 2012
It seems a little quiet right now. Too quiet. Does this portend a less-contentious year for activist investors? Or just the calm before the storm? At...


Previous 1 2 3 4 5 6 7 8 Next


Return to Free Hedge Fund Investor Directory

 

Copyright © HedgeTracker.com 2009 Privacy Policy