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IPO Alert: You'll Soon Be Able to Invest Alongside Billionaire Bill Ackman

The Motley Fool

What we know about Pershing Square USA This will be a unique investment vehicle. It's important to note that this is not an IPO of Bill Ackman's well-known Pershing Square hedge fund, which owns stakes in companies such as Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Chipotle (NYSE: CMG). annualized) since its Jan 2004 inception.

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Here's How Billionaires Buy Stocks

The Motley Fool

A prime brokerage A prime brokerage is a group of services offered to ultra-high-net-worth individuals (UHNWI) or hedge funds. These services include cash and securities lending, risk management consulting, custody of assets (holding securities), and making introductions between clients and investors.

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Transcript: Dominique Mielle

The Big Picture

She is an author and former hedge fund trader, specializing in distressed assets. She was a partner and a portfolio manager at Canyon Capital, a firm that runs currently about $25 billion. Her book, “Damsel in Distressed: My Life in the Golden Age of Hedge Funds”, is really a fascinating read.

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JPMorgan Chase (JPM) Q2 2023 Earnings Call Transcript

The Motley Fool

Investment banking revenue of 1.5 IB fees were down 6% year on year, and we ranked at No. Gross investment banking and markets revenue of 767 million was down 3% year on year, primarily driven by fewer large M&A deals. Asset and wealth management reported a net income of 1.1 Net charge-offs were 1.3

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Did You Catch the Good News From PayPal?

The Motley Fool

Ricky Mulvey: You too can invest in a hedge fund. He's been looking to raise funds for Pershing Square USA, which would be a closed-end fund. Originally looking to raise up to $25 billion so all investors can get in on these hedge fund strategies, Jason. Just the assets under management fees.

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Transcript: Mathieu Chabran

The Big Picture

So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investment banks, he then joined Goldman Sachs. I joined, effectively, Deutsche Bank. We decided to try to have a go on our own. We were 28, 30 respectively.

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