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Portrait de William Ackman
William Ackman
Birthday : 11/30/1965
Place of birth : New York - USA
Country of residence : USA
Linked companies : JC Penney - Pershing Square Capital - Canadian Pacific Railway Limited
Biography

William (Bill) Ackman is the founder and CEO of Pershing Square Capital Management, an American hedge fund that holds shares in Wendy’s International and McDonald’s Corporation. As well it has interest in Target Corp., the second largest discount company in US.

Graduated at Harvard College, he holds also an MBA from Harvard Business School. He began his career working for his father in the real estate, and in 1993 he founded Gotham Partners Management Co. This investment company encounters some troubles including legal problems that will lead to its dissolution in 2003.

In 2004, William Ackman comes back on the financial stage. He has created Pershing Square Capital, and he showed a lot of activism buying massive share in the lowest price for resale in two years maximum. A short-term strategy often criticized by the US Medias. His different attacks against FSA, American division of Dexia, and also against MBIA and Ambac, that it forecast the collapse, earned him a strong enmity in financial world.

In 2007, William Ackman took a share up to 5 millions of dollar (3,5%) in Sears Holdings, third group in distribution sector in US, behind Wal-Mart and Home Depot.

Pershing Square Capital Management manages approximately 2.4 billion of dollar of which 40% was invested in shares of McDonald.

Citations
"We think resources are not allocated efficiently today because this business is not independent. There is just no way to argue against transparency.”
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Latest news about William Ackman 
Ackman's fund flat in February - sources
2013 - (Reuters) - William Ackman's Pershing Square Capital Management ended February virtually flat, even after a tumultuous end to the month when two high-profile bets moved quickly in the wrong direction for his $12 billion portfolio.
Pershing Square's Bill Ackman has a two aspirin kind of day
2013 - BOSTON (Reuters) - Noted stock picker William Ackman had a decidedly gloomy day on Thursday: Two of his most high-profile bets were moving fast, but in the wrong direction for the hedge fund manager and investors in his $12 billion Pershing Square Capital Management.
Ackman can withstand a "short squeeze" rally in Herbalife
2013 - NEW YORK (Reuters) - For now, William Ackman is getting the better of Carl Icahn in a well-publicized grudge match between the billionaire investors over Herbalife Ltd (>> Herbalife Ltd.)....
Pershing Square's Ackman Details Case for Shorting Herbalife
2012 - --Calls nutritional supplement maker a "pyramid scheme" --Ackman's Herbalife share-price target: "Zero" --Herbalife asked to be invited to Ackman presentation, but wasn't By Liz Moyer and Juliet Chung Pershing Squar
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