Finance

Ackman’s Pershing Square IPO Expected to Raise $5 Billion

Billionaire Bill Ackman’s IPO of his closed-end fund and his alternative asset management company is expected to raise about $5 billion, according to people familiar with the matter, the low end of the targeted fundraising range.

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Bloomberg
April 27, 2026·1 min read
Ackman’s Pershing Square IPO Expected to Raise $5 Billion

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Billionaire Bill Ackman’s IPO of his closed-end fund and his alternative asset management company is expected to raise about $5 billion, according to people familiar with the matter, the low end of the targeted fundraising range.

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Ackman’s Pershing Square IPO Expected to Raise $5 Billion

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