(HedgeCo.Net) Bill Ackman has returned to the center of Wall Street’s permanent capital conversation with one of the most closely watched closed-end fund launches in recent history. After years of building Pershing Square into one of the most recognizable activist and concentrated-equity investment platforms in the world, Ackman has now taken a major step toward expanding that franchise through a publicly traded structure designed to give investors exposure to his strategy without the redemption...
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