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Pershing Square founder said this week he had exited high-profile short position

“Does this seem like fair journalism to you?”

Investor is seeking control of US real estate company in push to transform his hedge fund into a diversified financial group

US fund relaunch could include right to buy extra shares or stock in billionaire’s hedge fund

Sale to a group of family offices and investment firms comes as the hedge fund plots IPO

Pershing Square USA distances itself from its CEO’s comments

Plus, Ares raises a record private credit fund and Rio Tinto stays out of the mining dealmaking frenzy

Plus, the big hopes hanging on the UK’s IPO market this year and Jefferies lands a mega healthcare deal

No Go! No Go! Ackman

Plus, cash piles up, investing in classic cars, and school’s out for summer