Investment Strategy - Pershing Square 计划在明年将其对冲基金管理公司上市 [1] - 同时推出一个新的封闭式基金 [1]

Group 1 - The billionaire investor plans to take his hedge-fund management company, Pershing Square, public [1] - The public offering is expected to coincide with the launch of a new closed-end fund next year [1]

Billionaire hedge fund manager Bill Ackman is revving up a long-anticipated plan to hold an IPO for his Pershing Square, the Financial Times reported, citing sources https://t.co/1PeQXSYvD6 ...

Core Viewpoint - Billionaire investor Bill Ackman acknowledges the importance of addressing New York City's housing affordability crisis but criticizes Mayor-elect Zohran Mamdani's proposed plan as misguided [1][4]. Group 1: Housing Affordability Crisis - Mamdani's election platform focuses on making New York City more affordable, particularly through housing initiatives [2]. - Ackman emphasizes that increasing housing supply is essential to lowering rents, contrary to Mamdani's approach of reducing supply [1][4]. Group 2: Proposed Housing Plan - Mamdani's plan includes a $100 billion, decade-long initiative to build affordable housing and freeze rents on rent-stabilized units, which Ackman argues would discourage development and worsen the housing shortage [4][8]. - Ackman cites empirical data from other cities, indicating that increased construction leads to lower rents, suggesting that market-rate apartments can alleviate pressure on older units [4][6]. Group 3: Impact on Real Estate Development - Ackman warns that freezing rents sends a negative signal to real estate developers, making them less likely to invest in new construction [9]. - He argues that new apartment developments can actually reduce rents on older units, thereby enhancing overall affordability in the housing market [6][8].

The destiny of mortgage financiers Fannie Mae (FNMA) and Freddie Mac (FMCC) is set to get some clarity after billionaire investor and CEO of investment management firm Pershing Square, Bill Ackman, revealed that he will propose a transaction through a livestream on Nov. 18 that will lead to higher shareholder value for the two government-sponsored enterprises (GSEs). In a post on X (formerly Twitter), Ackman said his plan, if implemented, "will enable the @realDonaldTrump Administration to achieve all of ...

Core Viewpoint - Billionaire hedge fund manager Bill Ackman is proposing a new plan for Fannie Mae and Freddie Mac aimed at optimizing taxpayer value and minimizing mortgage spread risks [1][3]. Group 1: Proposal Details - Ackman will present his plan during a livestream event on November 18, which he believes will benefit the Trump administration and taxpayers [1]. - The proposal could potentially allow the U.S. Treasury to show a mark-to-market value for its shareholdings in Fannie Mae and Freddie Mac [1]. - Ackman’s company, Pershing Square, is the largest common shareholder of both firms, holding over 210 million shares combined [2]. Group 2: Previous Suggestions - Earlier in the year, Ackman suggested merging Fannie Mae and Freddie Mac into a single entity to reduce costs and lower mortgage rates, which he believes would simplify the housing-finance system and unlock shareholder value [2][4]. - The new proposal aligns with the Trump administration's investigation into making housing more affordable, including the consideration of a 50-year mortgage [3][4]. Group 3: Market Impact - Ackman's proposal has the potential to reshape the housing market and the operations of Fannie Mae and Freddie Mac, impacting various stakeholders involved [3][4].

Core Viewpoint - Billionaire hedge fund manager Bill Ackman is set to unveil a new proposal regarding Fannie Mae and Freddie Mac, which have been under federal conservatorship since the 2008 financial crisis [1] Group 1: Proposal Details - Ackman's plan aims to help the Trump administration achieve objectives such as maximizing taxpayer value, reducing mortgage spread risks, and allowing the U.S. Treasury to show a mark-to-market value for its holdings in Fannie Mae and Freddie Mac [2] - A livestream event is scheduled for November 18, where Ackman will detail the proposal, with the potential for the transaction to be completed by year-end [4] - Ackman clarified that Pershing Square has not sold its stake in Fannie Mae and Freddie Mac and remains the largest common shareholder with over 210 million shares combined [4] Group 2: Background on Fannie Mae and Freddie Mac - Fannie Mae and Freddie Mac are government-sponsored enterprises that play a crucial role in the U.S. housing-finance system by purchasing mortgages, bundling them into securities, and guaranteeing those securities for investors [8][9] - Together, they back or own approximately half of all U.S. residential mortgages, amounting to about $12 trillion in outstanding debt [11] - Both entities were placed under federal conservatorship in response to significant losses during the 2008 financial crisis [12] Group 3: Housing Market Context - Ackman's announcement coincides with the Trump administration's exploration of new housing affordability measures, including a proposed 50-year mortgage, despite concerns about increasing long-term debt for borrowers [15]

Core Insights - Pershing Square, led by Bill Ackman, has reduced its stake in Alphabet (GOOGL) and Uber (UBER) during the third quarter of 2025 [2] Company Actions - The fund disclosed its investment changes in its latest 13F filing for the three months ended September 30, 2025 [2]

RT Bloomberg TV (@BloombergTV)"Having a socialist mayor would be catastrophic"Bill Ackman, CEO of Pershing Square, tells the FII event in Saudi Arabia that he is firmly against Zohran Mamdani's campaign to be the mayor of New York https://t.co/JkvN2sFpOw https://t.co/wPQSShh5CG ...

Pershing Square Selling High-Grade Bonds Maturing in Seven Years https://t.co/QpilA1yz3g ...