Pershing Square
Definition
Pershing Square Capital Management, a New York-based hedge fund founded by billionaire investor Bill Ackman in 2004, renowned for its activist investment strategy targeting large-cap companies.
Pershing Square Holdings, a publicly traded closed-end investment fund managed by Pershing Square Capital Management, listed on the London Stock Exchange.
A public plaza in downtown Los Angeles, California, named after General John J. Pershing, serving as a historic gathering spot amid skyscrapers.
A small public square in Midtown Manhattan, New York City, also named after General Pershing, featuring seasonal amenities like an ice rink.
Examples
Bill Ackman's Pershing Square just filed for a U.S. IPO, turning the hedge fund world into a public spectacle faster than a viral tweet.
Investors in Pershing Square are riding high on recent gains, but remember: what squares up today might circle back tomorrow.
Strolling Pershing Square in LA feels worlds away from Bill Ackman's boardroom battles—unless you're dodging activist protests.
Pershing Square's latest bet had Wall Street pershing for answers, proving Ackman's talent for keeping everyone on their toes.