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Pershing Square unveils novel SPARC vehicle for ‘high-quality’ growth carveouts  

Hugh LeaskbyHugh Leask
October 3, 2023
in Hedge Funds, Manager News
Pershing Square unveils novel SPARC vehicle for 'high-quality' growth carveouts  

Pershing Square in Midtown Manhattan by diegograndi/Envato Elements

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Bill Ackman’s Pershing Square Capital Management is on the hunt for deals with private, high-quality growth companies through its new Pershing Square SPARC Holdings vehicle, a novel special purpose acquisition rights (SPAR) structure . . .

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Hugh Leask

Hugh Leask

Hugh Leask is a journalist and editor who has written about investment management and capital markets since 2005. His work has appeared in several titles including Hedgeweek, EuroHedge, Institutional Investor News, Global Capital/EuroWeek, and Real Estate Finance & Investment. Based in London, he covered the rise and fall of Europe's mortgage-backed securities and CDO markets during the 2008 Global Financial Crisis. Since 2013, he has focused on the global hedge fund industry. 

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