Bill Ackman, founder and CEO of Pershing Square Capital Management. Guernsey GY1 3QL You agree that under no circumstances, including, but not limited to, negligence, shall the Company or PSCM or any third party that has provided information contained in this website or any of their respective affiliates be liable for any direct, special or consequential damages that result from the access or use of, or the inability to access or use, the materials on this website. © 2021 Pershing Square Capital Management, L.P. All investment is subject to risk. P.O. Any product and service mentioned in this website are not offered to any person or entity in any jurisdiction or country where the advertisement, offer, solicitation, provision or sale of such product and service is restricted or prohibited by law or regulation or where PSCM or the Company or any of their respective affiliates would be subject to any regulation or licensing requirement. St. Peter Port With that question in mind, here are 13 things to know about Pershing Square and PSTH stock: Behind the SPAC is Pershing Square Capital Management and … : +44(0) 371 664 0321. [39] Pershing first disclosed the position in January 2014,[40] shortly after Platform debuted on the New York Stock Exchange. Pershing Square Capital Management, L.P. operates as an investment advisory firm. No information contained on this website constitutes or would be deemed to constitute an invitation in any jurisdiction to invest or otherwise deal in the shares of the Company. An earlier version of this article referred to one of Bill Ackman’s Pershing Square Capital Management investments as a closed-end mutual fund. This webpage will, therefore, help in consolidating all information with which you can draw logical and valid inferences and conclusions. The information requested for registration at pershingsquareholdings.com will only be used for internal purposes. [26][27], In March 2020, Pershing Square made $2.6bn (£2.2bn) betting that there would be a market crash. A community member has initiated a collaboration campaign to investigate, research, interview, gather evidence, and compile a comprehensive dossier on Pershing Square Capital Management. None of the Company, PSCM or any of their respective affiliates further assumes any responsibility for, and makes any warranties that, information and supplies contained on this website will be uninterrupted or error-free, that defects will be corrected, or that this website or the servers that make it available will be free of viruses or other harmful components. Tel no. [37][38], As of June 2014, Pershing Square is the largest institutional holder of the shares of Platform Specialty Products Corporation (NYSE: PAH), owning a 24.28% stake. Case Summary. Pershing Square Capital Management, L.P. : Allergan, Inc. All documents have their own shelf life and may be included on this website for historical reference purposes only. Guernsey GY1 3QL Neither the Company nor Pershing Square Capital Management, L.P. (“PSCM”), the investment manager of the Company, assumes any obligation to update the information contained in the Prospectus or the Supplement thereto, unless a new offering in the Company will be undertaken. Nothing contained on this website constitutes investment, legal, tax or other advice and is not to be relied on in making an investment or other decision. Pershing Square is a concentrated research-intensive fundamental value investor in long and occasionally short investments in the public markets. Case Status: SETTLED On or around 01/15/2020 (Date of order of distribution of settlement) Filing Date: June 28, 2017. Hedge fund management company Pershing Square Capital Management is probably most known for its founder, activist investor Bill Ackman, and his controversial positions in such companies as Herbalife and Wendy’s. [12] In December 2010, his funds held a 38% stake in Borders Group and on December 6, 2010, Ackman indicated he would finance a buyout of Barnes & Noble for US$900M. Chipotle Mexican Grill Inc is its number one position by number of shares and market value among restaurants stocks. The IPO of Pershing Square Tontine Holdings, Ltd. (Nasdaq: PSTH), sponsored by “legendary” hedge fund manager Bill Ackman, was the largest-ever offering of a … You may not distribute these materials to others. Any other use is prohibited unless you first request and obtain our written permission. You may not use the website for any purpose which is unlawful, abusive, libelous, obscene or threatening. The fund was betting on the company going bankrupt in such a way as to leave its shareholders intact. None of the information contained in this website constitutes an offer to sell, or a solicitation of an offer to buy or subscribe for, any shares or other securities in the United States or in any other jurisdiction, nor shall it, or the fact of its distribution, form the basis of, or be relied upon, in connection with or act as an inducement to enter into any contract or commitment therefor. All trademarks, service marks and logos used on this website are trademarks or service marks or registered trademarks or service marks of either the Company, PSCM, their respective affiliates or their associates and service providers and should not be copied, altered or abused in any way. Mont Crevelt House [5][6], In 2005, Pershing bought a significant share in fast food chain Wendy's International and successfully pressured them to sell off its Tim Horton's donut chain. [24] As of March 2018, Pershing Square held a 10.3% stake in Chipotle. The firm currently oversees three funds that have a combined value of close to $9.2 billion, down from its $20 billion peak in 2015. Consequently, shares in the Company may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, “U.S. [45], In April 2014, Ackman singled out Platform Specialty Products in "The Outsider" presentation,[46] which discusses optimal methods of capital allocation.[47][48][49]. WELCOME TO PERSHING SQUARE OUTDOOR CONCERT AND EVENT CENTER. Trafalgar Court For Media inquiries, please send an email request to: No personal information is requested, collected, required or monitored in respect of access to the site’s home page or other pages giving general information about the Company or PSCM. This does not exclude or restrict any duty or liability the Company or PSCM has to its customers under the regulatory system in the Netherlands or Guernsey. As of September 2019, the fund returned 54.5% with a share price of $19.10, the highest since January 2016. Northern Trust International Stock Company Name % of Portfolio Shares Value % Change Change Pershing Square Capital Management founder Bill Ackman said that his new special purpose acquisition company is the "most investor friendly SPAC … Pershing Square Capital Management, L.P. ("Pershing Square"), based in New York City, is a SEC-registered investment advisor to investment funds. Although each of the Company and PSCM tries to make this site as accurate as possible and to use information obtained from other sources that the Company and PSCM believe to be reliable, each of the Company and PSCM does not guarantee, nor take any responsibility for, its accuracy. [email protected], For Investor Relations inquiries, please send an email request to: Pershing Square Capital Management, L.P. is a concentrated, research-intensive, fundamental value investor in the public markets. Nothing in this website is, or should be relied on as, a promise or representation as to the future. Links to this website may not be established without the prior written consent of the Company and PSCM. P.O. The Commission has not reviewed this disclaimer and takes no responsibility for the financial soundness of the Company or for the correctness of any of the statements made or opinions expressed with regard to it. Please read the disclaimer below carefully. The information on this website is for information purposes only. Ackman's Pershing Square takes big stakes in Freddie, Fannie, Ackman's Pershing Square Takes $1.2 Billion Hit, "About Pershing Square Capital Management, L.P.", "From Hedge Funds to Bonefishing," Forbes, "Bill Ackman's Pershing Square fizzles on IPO", "Ackman Offers to Finance a Borders Bid for Barnes & Noble", "Pershing Square (Bill Ackman) Files 13D on General Growth Properties (GGP)", "The Logic Behind Bill Ackman's Purchase of General Growth Properties", "General Growth cleared to exit bankruptcy", "Pershing Square Urges Shareholders To Consider Sale Of General Growth Properties", "Bill Ackman's Activist Positions in J.C. Penney and Canadian Pacific Railway", "Pershing Square Slashes Procter & Gamble Stake", "Bill Ackman Is About to Get Seriously Grilled by Unhappy Investors", "Bill Ackman says he can recoup Valeant losses", "As Bill Ackman Enters Valeant's Boardroom, The Stakes Rise Above The Billions He May Lose", "Bill Ackman's hedge fund empire crumbles in less than 3 years from public wrong-way bets on Herbalife, Chipotle", "Bill Ackman's Pershing Square takes 9.9% stake in Chipotle", "How Bill Ackman's hedge fund empire crumbled in less than three years", "Ackman's $500 Million Bet on Ackman Pays Off After Bad Run", "Pershing Square up 45% in the first half of 2019 as Bill Ackman win streak continues", "US investor Bill Ackman places new bet against corporate credit", "Bill Ackman claims firm made $2.6bn betting on coronavirus outbreak", "Bill Ackman Is Right to Hedge on Corporate Credit", "Herbalife Shares Fall as Ackman Makes New Accusations", "Herbalife Strengthens Ties With Icahn as Ackman War Rages", "After Big Bet, Hedge Fund Pulls the Levers of Power", "FBI conducting a probe into Herbalife: sources", "Herbalife Soars as Judge Dismisses Lawsuit (revised)", "REPORT: The FBI is investigating Bill Ackman over Herbalife", "Bill Ackman Not Backing Down On Herbalife", "Why Pershing Initiates Position in Platform Specialty Products", "Pershing Square Discloses Platform Specialty Products Stake", "Bill Ackman Announces 30.9% Stake in Platform Specialty Products", "Platform Lists on NYSE After MacDermid Deal, Pershing Stake", "Ackman-Backed Platform to Buy Chemtura Unit for $1 Billion", "Ackman Going Public, Should Mega Cap Stocks Worry? The billionaire investor said Pershing Square had a net return of 4.6% in December alone. Neither the Company nor Pershing Square Capital Management, L.P. (“PSCM”), the investment manager of the Company, assumes any obligation to update the information contained in the Prospectus or the Supplement thereto, unless a new offering in the Company will be undertaken. In its Form ADV dated March 30, 2016, Pershing Square reported regulatory assets … You must accept its terms before you can proceed. Pershing Square recognizes that there may be nonpublic information In particular no one may copy or use a part of the website on any other website, or link any other website to this website, without the prior written permission of PSCM and the Company. The fact that information, products or services are shown on this website does not necessarily mean that you should rely on the information or that the information continues to be valid. [32] In April 2014, Reuters reported that, according to its sources, the FBI conducted a probe into Herbalife and reviewed documents obtained from the company's former distributors. Only limited personal information is required, collected and monitored and then only in respect of the Company. This website contains forward-looking statements, which reflect the views of the Company and PSCM with respect to, among other things, the Company’s operations.