Pershing, the billionaire, will launch the first venture capital fund to be bet on pre-IPO business

On 14 August, the hedge fund's billionaire Bill Ackerman investment company was preparing a new investment instrument that would enable investors to invest in a company that had been before the first open equity (IPO) and become another company that had launched new funds to provide investors with high-growth start-up investment openings. In a letter to shareholders on Wednesday, Ackerman and the company's chief investment officer, Ryan Israel, indicated that Pershing Square Inc. had initiated preparatory work for the Pershing Square Ventures Ltd. Fund. It is a permanent permanent permanent capital investment tool that can continue to hold shares of the enterprise after it is put on the market. According to the letter, Pershing Square recently completed several non-listed company investments that will be incorporated into the initial portfolio of the new fund. Some non-listed company investments in the Akman family office will also be included in the fund。