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The Daily Hodl 2024-11-28 17:48:05

Billionaire Bill Ackman Pours $2,300,000,000 Into Two Assets in Just Three Months

Billionaire hedge fund manager Bill Ackman is making major changes to Pershing Square Capital Management’s portfolio. Pershing Square just purchased 25.9 million shares of the alternative asset management firm Brookfield Corporation, reports The Motley Fool. That represents an increase in the Pershing’s Brookfield stake by about 378%. The move makes Brookfield one of the largest The post Billionaire Bill Ackman Pours $2,300,000,000 Into Two Assets in Just Three Months appeared first on The Daily Hodl .

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