Photographer: Patrick T. Fallon/Bloomberg © 2017 Bloomberg Finance LPIt’s been a busy year for Bill Ackman of hedge fund Pershing Square Capital Management. The deal, in partnership with private equity giant 3G capital, turned into a massive windfall for Ackman and Pershing Square. Pershing Square also invested in Nomad Foods and Platform Specialty Products, which were blank check companies, but didn’t turn out as successful. Pershing Square recently built a large position in healthcare software provider Agilent, and Ackman’s long been a fan of Ceridian, a maker of software for payroll. Ackman’s Pershing Square is enjoying a renaissance after the firm battled through a $4 billion-plus loss on controversial Valeant Pharmaceuticals.

Source: Forbes June 11, 2020 23:15 UTC