Ackman’s Pershing Square USA drops 16% on the opening, closes down 17.5%

Posted: April 29, 2026

Shares of Pershing Square USA (PSUS) opened on the New York Stock Exchange at $42 per share, 16% below the [Read More]
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Gabe Plotkin plans to convert personal assets into an ETF through a 351 conversion

Posted: April 29, 2026

Gabe Plotkin, who closed Melvin Capital in 2022, is planning to convert some of his assets into an ETF that [Read More]
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Sightings…

Posted: April 29, 2026

President Trump has nominated G Hunter McMaster II as Assistant Treasury Secretary for Financial Markets. McMaster, who has been carrying [Read More]
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Hochul is not supporting NYC Mayor’s proposal to reduce tax break impacting business owners including hedge funds

Posted: April 28, 2026

New York City Mayor Mamdani is delaying the city’s budget as he presses the state to limit the pass-through entity [Read More]
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Saba Capital looking to raise $1B for new fund buying stressed and illiquid private credit funds

Posted: April 28, 2026

Boaz Weinstein’s Saba Capital Management is targeting $1 billion for a new vehicle that would buy stressed and illiquid private [Read More]
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