Bill Ackman’s combined initial public offering for his closed-end fund and alternative asset manager raised $5 billion, adding to the billionaire’s war chest for Warren Buffett-style long-term investments.
Ackman’s Fund IPO Raises $5 Billion for Permanent Capital Plan
Bill Ackman’s combined initial public offering for his closed-end fund and alternative asset manager raised $5 billion, adding to the billionaire’s war chest for Warren Buffett-style long-term investments.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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