Apex Trader Funding - News
From Warren Buffett-Style Annual Meetings To Social Media Strategy: Here's How Bill Ackman Plans To Bolster His $25B Investment Fund, Pershing Square USA
Bill Ackman, the billionaire investor, is planning to use his social media presence and a Warren Buffett–like annual meeting to bolster his new investment fund.
What Happened: Ackman is currently promoting a U.S.-based investment fund, Pershing Square USA, which is set to go public. The fund, with a potential value of up to $25 billion, is expected to be one of the largest IPOs ever, competing with major entities like Saudi Aramco and Alibaba, reported Financial Times.
He has been using his significant social media following, which has grown over the past year due to his vocal opinions on political and social issues, to attract potential investors.
Ackman has been discussing the fund with potential investors, citing his over 1 million followers on a social media platform and comparing the fund to companies that would trade at a valuation of at least two times the book value of its assets.
"I have built a relatively large following on Twitter, or X, over time and used it to discuss a number of topics but, historically, for ...