Billionaire Ackman's Pershing Square Files for Two New Funds

Bill Ackman’s Pershing Square Capital Management LP filed documents for two new funds Friday.

The New York-based hedge fund didn’t disclose the total amount it wants to raise and provided few other details in the regulatory filing with the U.S. Securities and Exchange Commission. The funds are called Pershing Square VI LP and Pershing Square VI International LP. The international vehicle is asking for a minimum investment of $100,000 from each participant.