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Industry vet to chair Ackman's Pershing closed-end fund board


Bill Ackman's hedge fund company Pershing Square Capital Management has tapped a well-known mutual fund industry veteran to chair the board of its forthcoming Pershing Square USA Ltd. closed-end fund. Pershing said Tuesday it had launched a roadshow for the fund's initial public offering, which is expected to be priced at ... Log in to view full article.