Pershing Square

Organization

The hedge fund management company founded by Bill Ackman, which recently canceled a planned IPO for one of its funds.


entitydetail.created_at

8/26/2025, 6:27:04 AM

entitydetail.last_updated

8/26/2025, 6:28:37 AM

entitydetail.research_retrieved

8/26/2025, 6:28:37 AM

Summary

Pershing Square, specifically Pershing Square Capital Management, L.P., is an investment management firm founded by William A. Ackman in 2004. It serves as the investment manager for Pershing Square Holdings, Ltd., a closed-ended fund. The organization recently garnered attention for its decision to withdraw the Initial Public Offering (IPO) for Pershing Square USA, an event highlighted as indicative of the inherent challenges in taking asset management firms public, regardless of market conditions or the founder's public profile.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Role

    Investment Manager for Pershing Square Holdings, Ltd.

  • Type

    Investment Management Firm

  • Founded

    2004-01-01

  • Founder

    William A. Ackman

  • Objective (Pershing Square Holdings, Ltd.)

    Maximize long-term compound annual rate of growth in intrinsic value per share

  • Chairman (Board of Pershing Square Holdings, Ltd.)

    Rupert Morley

  • Chief Legal Officer & Chief Compliance Officer (Pershing Square Capital Management, L.P.)

    Halit Coussin

Timeline
  • Pershing Square Capital Management, L.P. was founded by William A. Ackman. (Source: pershingsquareholdings.com)

    2004-01-01

  • Bill Ackman's Pershing Square withdrew the Initial Public Offering (IPO) for Pershing Square USA, citing market conditions and the inherent difficulty in taking asset management firms public. (Source: web_search_results)

    2024-07-10

Web Search Results
  • Pershing Square, Manhattan - Wikipedia

    Pershing Square is a public plaza in Manhattan, New York City, located where Park Avenue and 42nd Street "42nd Street (Manhattan)") intersect in front of Grand Central Terminal. The main roadway of Park Avenue crosses over 42nd Street on the Park Avenue Viaduct, also known as the Pershing Square Viaduct. Two service roads, one northbound and one southbound, connect 42nd Street with the main roadway of Park Avenue, at 40th Street. [...] Pershing Square was named after John J. Pershing in 1919. The name was originally supposed to apply to the block bounded by Park Avenue, Lexington Avenue, 41st Street, and 42nd Street. Three buildings were ultimately developed on the block in the 1920s: the Pershing Square Building, 110 East 42nd Street, and the Chanin Building. Subsequently, the name applied to the service roads of the Park Avenue Viaduct. A tourist information center under the viaduct, at Pershing Square, was built in 1939; [...] The square is named after General John J. Pershing, and was originally intended to be an open plaza in Pershing's honor occupying the entire block between 41st Street, Park Avenue, 42nd Street "42nd Street (Manhattan)"), and Lexington Avenue. Until 1885, Steuben Street—named for Revolutionary War general Baron von Steuben—ran diagonally across the block. The Grand Union Hotel was built on the northwestern corner of the block in 1883._p._4-1) The eastern part of the block contained the Manhattan

  • Pershing Square (Los Angeles)

    Pershing Square is a small public park in Downtown Los Angeles, California, one square block in size, bounded by 5th Street to the north, 6th "6th Street (Los Angeles)") to the south, Hill "Hill Street (Los Angeles)") to the east, and Olive to the west. Originally dedicated in 1866 by Mayor Cristóbal Aguilar as La Plaza Abaja, the square has had numerous names over the years until it was finally dedicated in honor of General John J. Pershing in 1918. History ------- [...] Print/export Download as PDF Printable version&printable=yes "Printable version of this page [alt-shift-p]") In other projects Wikimedia Commons) Wikidata item Coordinates: Image 4: Show location on an interactive map34°02′54″N 118°15′11″W / 34.04825°N 118.25301°W / 34.04825; -118.25301&params=34.04825_N_118.25301_W_region:US-CA_type:landmark_scale:10000) From Wikipedia, the free encyclopedia Public square in Downtown Los Angeles [...] | Pershing Square | | --- | | La Plaza Abaja | | Image 5 Pershing Square, 2012 | | Image 6: Map [Wikimedia | © OpenStreetMap]( "Show in full screen") | | Location | Downtown Los Angeles, California | | Coordinates | Image 7: Show location on an interactive map34°02′54″N 118°15′11″W / 34.04825°N 118.25301°W / 34.04825; -118.25301&params=34.04825_N_118.25301_W_region:US-CA_type:landmark_scale:10000) | | Area | 5-acre (20,000 m 2) | | Created | 1866; 159 years ago(1866) |

  • Pershing Square - Los Angeles - LAParks.org

    PERSHING SQUARE IS OPERATED BY THE DEPARTMENT OF RECREATION AND PARKS AND IS LOCATED IN THE HEART OF DOWNTOWN LOS ANGELES AT 532 S. OLIVE ST. THE SQUARE is a public place that allows community members and visitors to sit, talk, meet up and relax in the middle of the town. THE SQUARE IS MADE UP OF hard-scapes and grass areas that offer an area for concerts, gatherings, political rallies and public celebrations. Pershing Square is decorated with fountains, monuments, statues, a [...] DUE TO THE CORONAVIRUS PERSHING SQUARE IS ONLY OPEN FOR PASSIVE RECREATION. ### Pershing Square History Dedicated for use by Mayor Aguilar in 1866, this park land was named "La Plaza Abaja." During World War I, the Square was often the scene for militia receptions and provided a forum for public speakers. On November 8, 1918, the park was formally named Pershing Square in honor of the World War I general.

  • Pershing Square

    The five acres that make up Pershing Square are original pueblo lands whose ownership can be traced back to 1781, when Spain granted them to the City of Los Angeles. In 1866, the area was set aside as a public park known as La Plaza Abaja ("The Lower Plaza"). Improvements, including the planting of cypress and citrus trees, were made to the park in the 1870s. In the 1880s, city engineer Fred Eaton created the park's first offical layout. During Los Angeles' real estate boom of 1910-11, [...] # Pershing Square Five acres whose ownership can be traced back to 1781 when Spain granted them to the City of Los Angeles, Pershing Square has undergone myriad design changes, the most recent in 1993. ## Place Details ### Address ### Architects ### Style ### Decade ### Designation ### Property Type ### Community [...] architect John Parkinson redesigned the park in a formal Beaux Arts style. In 1918, one week after the end of World War I, the square was renamed in honor of General John Pershing, commander of the American armed forces overseas.

  • About Us

    (LN:PSH) (LN:PSHD) is an investment holding company structured as a closed-ended fund principally engaged in the business of acquiring and holding significant (but generally not controlling) positions in a concentrated number of large capitalization companies. PSH’s objective is to maximize its long-term compound annual rate of growth in intrinsic value per share. [...] PSH has appointed Pershing Square Capital Management, L.P. (“PSCM,” the “Investment Manager” or “Pershing Square”),as its investment manager. PSCM was founded by William A. Ackman on January 1, 2004. The Investment Manager has responsibility, subject to the overall supervision of the Board of Directors, for the investment of PSH’s assets and liabilities in accordance with the investment policy of PSH. [...] Board of Directors ------------------ The Board of Pershing Square Holdings, Ltd. (the “Company”) consists of Halit Coussin, Charlotte Denton, Andrew Henton, Jean-Baptiste Wautier, and Rupert Morley. Directors other than Ms. Coussin, who is the Chief Legal Officer and Chief Compliance Officer of Pershing Square Capital Management, L.P., the Company’s Investment Manager, are independent. Mr. Morley is the Chairman of the Board. Ms. Denton is the Senior Independent Director.

Location Data

Pershing Square, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, United States

park

Coordinates: 40.7517725, -73.9779024

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