Bill Ackmans Pershing Square Raises $2.7B in Dutch IPO

Ackman's fund raised $2.7 billion in an Amsterdam IPO, increasing the sale size from $2 billion. The fund's market cap exceeds $6 billion, providing a stable capital source not subject to investor redemptions. Ackman also manages Pershing Square Capital with $14 billion in assets.

How much did Ackman's fund raise in the Amsterdam IPO?

• $3 billion

• $2.7 billion

• $1.5 billion

• $2 billion

What was the initial size of the sale before it was increased?

• $2.5 billion

• $3 billion

• $2 billion

• $1 billion

What is the market cap of Pershing Square Holdings?

• More than $6 billion

• $4 billion

• $5 billion

• $6 billion

What advantage does Ackman have by taking the fund public?

• Stable source of capital

• More investment options

• Increased investor redemptions

• Higher management fees

How much in assets does Pershing Square Capital manage?

• $14 billion

• $10 billion

• $12 billion

• $16 billion