Finance
Pershing Square Starts IPO Roadshow for US Closed-End Fund
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Pershing Square has started a roadshow for the initial public offering of a US closed-end vehicle, which could be the largest fund of its kind in the US.
The filing by Bill Ackman’s Pershing Square USA Ltd. also revealed the full list of banks working on the IPO, fleshing out the roster beyond global coordinators Citigroup, UBS, Bank of America and Jefferies who are leading the offering.