Pershing Square Capital Management

Pershing Square Capital Management L.P. (PSCM) is an American investment firm headquartered in New York City. It manages approximately $15 billion in assets as of March 2024. Pershing is a hedge fund, which means that it uses a variety of investment strategies to generate returns for its clients. One of the strategies used by Pershing Square is activist investing that involves taking a significant stake in a company and working to influence its management and strategic direction in order to increase shareholder value. This can include things like pushing for changes to the company's board of directors, lobbying for changes to the company's business strategy or advocating for the sale of the company. In addition to its activist investing activities, Pershing Square engages in other investment strategies including long-term fundamental investing and event-driven investing. The firm has a track record of making successful investments and has achieved strong returns for its clients over the years. Some of the companies in which it has taken an activist role include Herbalife, Valeant Pharmaceuticals and Chipotle Mexican Grill. PSCM was established on January 1, 2004 by William A. Ackman, an American billionaire. As of May 2024, Ackman's net worth was estimated at $4.2 billion by Forbes.

Headquarters address:
787 11th Avenue
New York, NY 10019
United States
Phone number: 212 813 3700
Website: pershingsquareholdings.com