Ackman Protégé Scott Ferguson Outpaces His Mentor with Sachem Head

The former Pershing Square partner posted strong numbers last year and is down by a lot less this year than his former boss.

Scott Ferguson’s Sachem Head Capital Management has emerged as the top hedge fund firm with a connection to William Ackman’s Pershing Square Capital Management...at least for now.

The New York manager posted a 12.8 percent gain last year in an otherwise difficult environment for activism, not to mention many other hedge fund strategies.

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