Billionaire Ackman's Pershing to Launch First Venture Capital Fund, Betting on Pre-IPO Companies
- Bill Ackman's investment firm is launching a new fund for pre-IPO investments.
- The fund, named Pershing Square Ventures Ltd., is an evergreen investment vehicle.
- Pershing Square has completed several investments in private companies for the fund's initial portfolio.
- Investments from the Ackman family office will also be included in the fund.
According to Bloomberg, hedge fund billionaire Bill Ackman's investment firm is preparing a new investment vehicle that will allow investors to invest in companies before their initial public offerings (IPOs). This makes it the latest firm to launch a new fund offering exposure to high-growth startups.
Ackman and the firm’s chief investment officer Ryan Israel stated in a letter to shareholders that Pershing Square Inc. has begun preparations for the Pershing Square Ventures Ltd. fund. This fund is described as an evergreen, permanent-capital investment vehicle that can continue to hold shares after the companies it invests in go public.
The letter also mentioned that Pershing Square has recently completed several investments in private companies, which will be included in the new fund’s initial portfolio. Additionally, some private company investments from the Ackman family office will also be included in the fund.
亿万富翁阿克曼的Pershing将推出首个风险投资基金，押注于IPO前公司
根据彭博社的报道，亿万对冲基金经理比尔·阿克曼的投资公司正在准备一个新的投资工具，允许投资者在公司首次公开募股（IPO）之前进行投资。这使其成为最新一家推出新基金以提供高增长初创公司投资机会的公司。
阿克曼和公司的首席投资官瑞安·以色列在给股东的信中表示，Pershing Square Inc.已开始为Pershing Square Ventures Ltd.基金做准备。该基金被描述为一种常青的、永久资本的投资工具，可以在其投资的公司上市后继续持有股份。
信中还提到，Pershing Square最近完成了对几家私营公司的投资，这些投资将纳入新基金的初始投资组合。此外，阿克曼家族办公室的一些私营公司投资也将包括在该基金中。