The December market meltdown dealt a blow to hedge fund activist Bill Ackman’s comeback, but he still managed to post a gain of 2 percent in 2018 in one of his funds, Pershing Square International, according to an investor in the fund.
His
Dan Loeb (left) and Bill Ackman
(photos: David Paul Morris/Bloomberg; Christopher Goodney/Bloomberg)
The December market meltdown dealt a blow to hedge fund activist Bill Ackman’s comeback, but he still managed to post a gain of 2 percent in 2018 in one of his funds, Pershing Square International, according to an investor in the fund.
His
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