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Ackman Protégé Scott Ferguson Scores with Sachem Head

While the activist investor didn’t fare quite as well as his old boss in 2014, Ferguson still posted better gains than most.

Like mentor, like disciple . . . sort of. It’s well-known by now that William Ackman’s New York–based Pershing Square Capital Management was the top-performing activist hedge fund firm last year, posting a gain of 40 percent. However, at least one activist who previously worked for Ackman also did very well in 2014. Scott

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