Pershing Square, L.P. is a hedge fund based in New York, New York. According to its most recent Form D, filed Jun 16, 2026, the fund has sold $6,396,076,037 of interests to 672 investors since its first sale in Jan 2004. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. 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.
- Total raised
- $6,396,076,037Cumulative sales reported on Form D
- Investors
- 672
- First sale
- Jan 1, 2004
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- 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
- Jun 16, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and HedgeMountain 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
Size compared with every hedge fund
Raised more than 99% of the 2,479 hedge funds based in New York, and more than 99% of all 10,157 that report sales.