Business
Bill Ackman launches new NYSE-listed fund; Mexican investors participate in the offering
The launch of Pershing Square USA (PSUS), the new investment vehicle led by Bill Ackman, was announced this Wednesday, and it is set to debut on the New York Stock Exchange as part of one of the most significant market offerings of the year.
About this update from Pershing Square Usa, Ltd.
[{"type":"list","items":[{"val":[{"type":"text","content":"Among the investors is Jack Landsmanas, president of Corporativo Kosmos, who was invited to be part of this transaction.","length":120,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":120,"olType":false},{"type":"text","content":"NEW YORK, MEXICO CITY, May 4, 2026 /PRNewswire/ -- The launch of Pershing Square USA (PSUS), the new investment vehicle led by Bill Ackman, was announced this Wednesday, and it is set to debut on the New York Stock Exchange as part of one of the most significant market offerings of the year.","length":292,"tagName":"p"},{"type":"image","alt":"Jack Landsmanas, Presidente de Corporativo Kosmos","displaySize":"","headline":null,"caption":"Jack Landsmanas, Presidente de Corporativo Kosmos","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/28821aa13d9234ebdaa08a0e90a1be0c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/8pQJp4qXOZdFQld8Y8PeCg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTU2MA--/https://media.zenfs.com/en/prnewswire.com/28821aa13d9234ebdaa08a0e90a1be0c","width":300,"height":400}},"href":"https://mma.prnewswire.com/media/2972206/FOTO1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The fund is expected to be priced at $50 per share and is part of a combined IPO alongside Pershing Square Inc., the parent company of the investment manager. The transaction is targeting at least $5 billion in total size, including approximately $2.8 billion in prior commitments from a concurrent private placement, following the effectiveness of its SEC registration statements and with closing expected on April 30, positioning it as one of the largest financial deals of 2026.","length":481,"tagName":"p"},{"type":"text","content":"As part of the structure, investors in PSUS will also receive one share of Pershing Square Inc. for every five shares purchased, providing exposure not only to the underlying investment portfolio but also to the growth of the asset manager itself.","length":247,"tagName":"p"},{"type":"text","content":"Pershing Square manages approximately $30.7 billion in assets, with nearly 96% of its capital in permanent structures, enabling a long-term, high-conviction investment approach.","length":177,"tagName":"p"},{"type":"text","content":"PSUS will inv...