Bill Ackman expected to raise half of top target in second IPO push
- Posted on April 28, 2026
- By Financial Times
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- 1 min read
In brief
Bill Ackman's Pershing Square USA is preparing for its second initial public offering attempt, projecting to raise approximately $5 billion despite initially targeting $10 billion. This revised figure reflects market conditions and investor appetite for the hedge fund's publicly-traded investment vehicle. The IPO represents another opportunity for Ackman to expand capital management through public markets after previous efforts.
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Bill Ackman expected to raise half of top target in second IPO push
Listing for Pershing Square USA set to bring in about $5bn after setting range as high as $10bn
