Bill Ackman's Pershing Square Holdings has released its annual report for 2014. In it, Ackman highlights how his firm has evolved. Additionally, he pulls anecdotes from past Pershing Square letters (from inception to the present) to outline their business model, investment strategy, approach to risk management and more.
Embedded below is Pershing Square's 2014 annual report:
You can download a .pdf copy here.
For more on this hedge fund, we posted up some recent portfolio activity from Pershing Square here.
Thursday, March 26, 2015
Bill Ackman's Pershing Square Annual Report 2014
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