Pershing Square has announced a formal bid for Howard Hughes, the real estate developer where Ackman served as chairman for over a decade.
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Ackman’s Pershing Square Capital Management announced that its planned IPO for a US closed-end fund will raise $2 billion.
The toast of Wall Street has elevated a new generation of executives to run its investment banking and trading operations.
Mistral is among a clutch of privately held AI startups like OpenAI and Anthropic that have seen valuations soar.
The Trump 2.0 era may have officially begun this week, but the much-hyped tariff-fueled trade war has not. At least, not yet.