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Pershing Square’s Bill Ackman Touts His Hedge Funds

In the fund manager’s annual report, he points to his public fund’s 23 percent discount to NAV as a reason that now is a “particularly attractive” time to invest in it.

  • By Stephen Taub

      Bill Ackman, Pershing Square Capital Management (photo credit: Patrick T. Fallon/Bloomberg)  Pershing Square Capital Management’s Bill Ackman thinks now is a great time to invest in his hedge funds. The high-profile activist manager is well aware his hedge funds have lost money in each of the past three years and is

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