Bill Ackman's Pershing Square to launch fund that gives investors access to pre-IPO companies
Reported by Seeking Alpha · seekingalpha.com · August 13, 2026
Pershing Square (PS), an alternative asset management company run by the hedge fund billionaire Bill Ackman, is working on a fund that gives investors access to pre-IPO companies.
What the tape says
What to watch: PS (PS) is involved in an IPO — early pricing and the lockup expiration date matter more than day-one performance.
Market reaction today: $PS +2.22%
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