Bill Ackman is planning to take his investment firm public as soon as next year, the boldest move yet by the hedge-fund ...

On Monday, Ackman told shareholders in a letter that the board of his special-purpose acquisition company, Pershing ... another SPAC if it doesn't use all the funds it raises in its IPO.

A raft of the biggest US investors, like Warren Buffett, the Big Short’s Michael Burry, and Bill Ackman have disclosed which stocks they’ve bought and sold over the last three months.

Bill Ackman’s plans for the largest ever trust IPO in US history, a $25bn float of closed-end fund Pershing Square US, are no more. The billionaire hedge fund manager admitted defeat late last ...