Tag: pershing

Hedge Fund Hunk Bill Ackman Puts Pressure On P&G CEO

Bill Ackman, founder and chief executive officer of hedge fund Pershing Square Capital

Activist hedge fund hunk Bill Ackman bought a stake in Procter & Gamble Co. (P&G), increasing pressure on Chief Executive Officer Robert McDonald, who already was under attack from investors after three forecast cuts this year. The stake is the…

How Hedge Fund Manager Bill Ackman Got His Victory

Hedge Fund Pershing Square Wins Big The chief executive of Canadian Pacific, Fred Green, announced  that he would resign from his position as chief executive, president and director. Five other Canadian Pacific directors, including the board’s chairman, John E. Cleghorn,…

Hedge Funders On the New SEC Advisory Board

Hedge Funds and their investors are well-represented on the SEC new Advisory board. Private equity has a say on the new committee, as well, in the form of Madison Dearborn Partners Mark Tresnowski, Stephen Holmes, CEO of venture capital firm…