Pershing Square II, L.P. is a hedge fund based in New York, New York. According to its most recent Form D, filed Nov 9, 2018, the fund has sold $99,188,713 of interests to 93 investors since its first sale in Jan 2005. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include William Ackman; Pershing Square GP, LLC.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $99,188,713Cumulative sales reported on Form D
- Investors
- 93
- First sale
- Jan 1, 2005
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- William Ackman; Pershing Square GP, LLC
- Latest Form D
- Nov 9, 2018
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Pershing Square II, L.P.
What is the minimum investment for Pershing Square II, L.P.?
Pershing Square II, L.P.'s latest Form D, filed Nov 9, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Pershing Square II, L.P.?
Pershing Square II, L.P. is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Pershing Square II, L.P. raised?
Pershing Square II, L.P. reports $99,188,713 sold from 93 investors on its Form D filed Nov 9, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Pershing Square II, L.P. based?
Pershing Square II, L.P. is based in New York, New York.
When did Pershing Square II, L.P. launch?
Pershing Square II, L.P. reports its first sale in Jan 2005.
Size compared with every hedge fund
Raised more than 55% of the 2,524 hedge funds based in New York, and more than 57% of all 10,128 that report sales.