Billionaire investor Bill Ackman is taking his hedge fund Pershing Square public with a planned listing on the New York Stock Exchange. The firm filed Tuesday to trade under the ticker symbol “PS,” opening the door for public investors to buy into Ackman’s investment platform.
The offering will feature a dual listing structure. Pershing Square’s common shares and shares of its investment vehicle PSUS will both trade on the NYSE. Investors will be able to buy or sell each security independently. The firm said its common stock has never previously traded in a public market.
Pershing Square Inc. files for an IPO, in a deal that would see billionaire Bill Ackman’s hedge fund make its debut on a US exchange alongside a new closed-end fund https://t.co/VYkjJeYh65
— Bloomberg (@business) March 10, 2026
Pershing Square also revealed that it has secured about $2.8 billion in commitments ahead of the listing. The capital comes from pension funds, insurance companies, family offices, and wealthy investors.
Ackman has long cited legendary investor Warren Buffett as his inspiration. He says the public listing is part of a broader plan to build a long-term investment platform modeled after Berkshire Hathaway’s permanent capital strategy.
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