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Pershing Square Capital Management

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role of Ackman

  • A headshot photo shows Bill Ackman speaking into a microphone.
    In Bill Ackman: Pershing Square Capital Management

    …new hedge fund management company, Pershing Square Capital Management. The firm began investing on January 1, 2004, with a fund of \$54 million, \$50 million of which came from Ackman’s former backer Leucadia National. The fund, which eschewed diversification in favor of concentrating its money in a limited number of…

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