Hedge

Bill Ackman’s Pershing Square IPO is a test for the hedge fund world

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Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The writer is a former financial research analyst at Credit Suisse and head of corporate strategy at Nex Group Billionaire Bill Ackman’s plan to take his company Pershing Square public next year is a rare … Read more

NYC Comptroller and Hedge Funds Urge Tesla Shareholders to Deny Musk a $50 Billion Windfall

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The Comptroller of New York City and seven financial firms are recommending Tesla shareholders give a thumbs down to the electric car maker’s ~$50 billion compensation package for CEO Elon Musk. The suggestion was part of a letter signed by NYC Comptroller Brad Lander and the aforementioned companies, filed with the Securities and Exchange Commission … Read more