Bill Ackman's hedge fund, Pershing Square, just filed for an IPO

Cătălin Roșioru

Pershing Square, the investment fund run by famed investor Bill Ackman, has filed for an IPO, it announced on Tuesday. Ackman's fund is planning a dual listing of Pershing Square and a closed-end investment company, Pershing Square USA, on the New York Stock Exchange. The company is seeking to raise at least $5 billion in the IPO, it said in a statement announcing the planned listing. "Shares are being offered at a price of $50.00 per PSUS Share and investors in the PSUS IPO will receive, for

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