Pershing Square USA, a fund managed by billionaire Bill Ackman, has postponed its initial public offering, according to a notice on the New York Stock Exchange’s website on Friday.
The billionaire’s new investment venture had aimed to manage about $25 billion in assets.
![Bill Ackman](https://nypost.com/wp-content/uploads/sites/2/2024/07/bill-ackman-ceo-pershing-square-85993878.jpg?w=1024)
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