Ackman Plans to Raise $10 Billion Amid Market Volatility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 hours ago
0mins
Should l Buy GOOGL?
Source: Benzinga
- Fundraising Initiative: Pershing Square Capital Management has filed to list on the NYSE, aiming to raise between $5 billion and $10 billion through the new closed-end fund Pershing Square USA at a share price of $50, having already secured $2.8 billion in commitments.
- Market Volatility Strategy: In a letter to investors, Ackman emphasized that market chaos is a feature of his investment strategy, allowing him to acquire high-quality companies at discounted prices without affecting their long-term intrinsic value.
- Historical Performance: Pershing Square achieved a return of approximately 34% in 2025, nearly doubling the S&P 500's 18%, demonstrating its ability to capitalize on opportunities during market disruptions.
- Market Challenges: Despite the ambitious fundraising plan, the market is currently skeptical of the closed-end fund structure, with shares falling 11% on the first day to around $22.64, leading Ackman to acknowledge that investors need a “significant leap of faith” to support this structure.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 306.360
Low
305.00
Averages
374.25
High
400.00
Current: 306.360
Low
305.00
Averages
374.25
High
400.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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