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


Hedge Funds post Mixed Results; Third Point, Tremblant Partners & Pershing Square among Winners

Date: March 22nd, 2010
Hennessee Group has released its most recent hedge fund index results, revealing that the “global equity markets were mixed in February, with the U.S....

Pershing Square’s Bill Ackman predicts positive future for General Growth Properties

Date: January 7th, 2010
In a presentation he gave in late December, William Ackman of Pershing Square Capital Management revealed that in his estimation, shares of the bankrupt...

Bill Ackman has positive outlook for his Pershing Square Capital hedge fund

Date: December 10th, 2009
Pershing Square Capital Management sent out its latest investor letter at the beginning of this month. Outlining the firm’s large gains and overall...

Citadel, PIMCO, Pershing Square Capital and Samena Advisors add depth

Date: November 23rd, 2009
In this week’s buy-side hiring report, we look at recent additions made by three industry stalwarts Citadel Investment Group, Pacific Investment Management...

Pershing Square’s Bill Ackman makes big move to block Landry’s Chairman

Date: November 21st, 2009
Pershing Square Capital Management, which is run by shareholder activist Bill Ackman, revealed yesterday that it has increased its position in Landry’s...

Finisterre, Pershing Square Capital, Moore Capital and Tyrus Capital boost marketing efforts

Date: November 6th, 2009
In this week’s hire report, we look at recent hires made by hedge fund managers Finisterre Capital, Pershing Square Capital Management, Moore Capital...

Pershing Square’s Bill Ackman raises his stake in Target

Date: August 13th, 2009
After losing the proxy battle with Target (NYSE: TGT) in which he failed to reassure the retailer’s shareholders of his long-term commitment to the...

Ackman Optimistic about Target’s and Hedge Fund Activists’ Future

Date: June 16th, 2009
Pershing Square Capital Management’s Bill Ackman recently sent out his quarterly letter to the hedge fund firm’s investors. Over the first quarter...

4 Reasons Why Ackman Missed His Target

Date: June 4th, 2009
By Eric Jackson, Founder and Managing Member of Ironfire Capital LLC
When Bill Ackman of Pershing Square Capital Management attended Target's (TGT)...

Einhorn, Chanos and Ackman Speak at Ira Sohn Research Conference

Date: June 1st, 2009
At last week’s annual Ira Sohn Research Conference, Greenlight Capital’s David Einhorn called AAA bond ratings “a curse” and announced that he...


Previous 1 2 3 4 5 6 7 8 Next


Return to Free Hedge Fund Investor Directory

 

Copyright © HedgeTracker.com 2009 Privacy Policy