Billionaire Bill Ackman Launching New Public Fund For Ordinary Investors

This post was originally published on Forbes Middle East

Billionaire investor Bill Ackman plans to take Pershing Square Capital Management firm to the New York Stock Exchange as a new hedge fund for U.S. retail investors with no minimum investment, nearly two years after his $4 billion special purpose acquisition company failed to follow through on a deal on a target company to go public.