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Bill Ackman’s Pershing Square Faces Wave Of Investor Redemptions

TedTed
in Fund Discussions
FYI: William Ackman, the famed shareholder activist, is losing investors at a rapid pace and facing a future that would no longer include managing a private hedge fund.
Regards,
Ted
http://www.cetusnews.com/business/Bill-Ackman’s-Pershing-Square-Faces-Wave-of-Investor-Redemptions-.SybXMumoz.html

Comments

  • catch22catch22
    Talk about lock up of one's money.........my recall is that the investors in the private hedge fund, by contract; can not remove more than 1/8 of their own money each 3 month period. So, one's last monies could not be fully removed until the end of 2 years.
    Such a deal, eh???
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