Business Description
Pershing Square Holdings Ltd. is a globally focused investment fund run by Pershing Square Capital Management L.P. that trades stocks, bonds, and derivatives across a wide range of industries. The fund looks for undervalued companies and uses both long and short positions to build its portfolio, while also holding convertible and other debt instruments. Its performance is measured against the S&P 500 Index and the HFRX Global Hedge Fund Index. Founded in 2012 and based in Guernsey, it operates as a closed-ended fund.