Seth Klarman Just Quietly Bought a Piece of Bill Ackman's Firm

Seth Klarman Just Quietly Bought a Piece of Bill Ackman's Firm

Seth Klarman built his reputation by staying quiet and staying out of the spotlight, so when the most reclusive value investor of his generation puts money into Bill Ackman's publicly listed firm, the question worth asking is what he sees that most investors are missing.

Seth Klarman’s hedge fund Baupost buys Into Ackman’s Pershing Square, adds to tech bets

The Boston-based investment firm disclosed a small stake in Pershing Square Inc., which trades under the ticker symbol PS.

Ackman plans Pershing Square venture fund targeting pre-IPO companies

Bill Ackman’s Pershing Square is preparing to launch a new investment vehicle designed to give investors access to privately held companies before they reach public markets, extending the firm’s expansion beyond its traditional concentrated public-equity strategy, according tp a report by Bloomberg. Pershing Square Ventures Ltd is being structured as an evergreen, permanent-capital vehicle that will be able to continue holding investments after …

Logon Opalesque Alternative Market Briefing

Bill Ackman's Pershing Square plans to launch a venture-focused fund that will invest in late-stage private companies before they go public. The new vehicle would broaden Pershing's business beyond its concentrated public-equity portfolios and give investors exposure to companies during the pre-IPO ... Article link