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Hedge Fund Name: Pershing Square Capital Management

Total AUM ($MM): 5800

Equity AUM ($MM): 3318

Type: Hedge Fund Manager

Style: Deep Value

Orientation: Shareholder Activist

Primary Address: 888 Seventh Avenue

Primary Address2: 29th Floor

City: New York

State: NY

Zip Code: 10019

Country: United States

Phone (XXX-XXX-XXXX): 212-813-3700

Fax (XXX-XXX-XXXX): 212-813-3700

Related Entities (order by importance, separate by semi-colon and space): Leucadia Corporation (NYSE: LUK); Pershing Square IV; Pershing Square LP; Pershing Square Capital

Founders and Key Management (order by importance, separate by semi-colon and space): William 'Bill' Ackman; Nicholas Botta; Roy J. Katzovicz; Scott Ferguson*

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.