Ackman Going Public, Transparency Rejection, and Piling into UCITs May29

Posted by & filed under Hedge Fund Investors, Hedge Fund Marketing, Press.

transparency

Ackman Said to Plan Public Hedge Fund in London One of Wall Street’s boldest investors, the billionaire hedge fund manager William A. Ackman, is building an unusual multibillion-dollar war chest. While hedge funds typically raise funds privately, the founder of the $13 billion Pershing Square Capital Management is planning to tap the public stock market. Mr…. Read more »

The one instance where politics and money don’t mix May18

Posted by & filed under Hedge Fund Assets.

How Pension Placement Agent Exploited Political Ties (Update1) – Bloomberg.com. May 18, 2009   Kudos to Bloomberg to an excellent review of where we are with the placement agent model and the use of the politically connected to  make introductions.   – Apparently the well-connected politically – democrats mostly – have spent their time in… Read more »