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Fortune
Fortune
Marco Quiroz-Gutierrez

Bill Ackman is a self-described ‘Buffett devotee’—and wants his $28 billion Pershing empire to be the ‘modern-day’ Berkshire

(Credit: Patrick T. Fallon—AFP)

Bill Ackman has never been one to temper his ambitions, but by filing to take Pershing Square public, he may have taken the first step toward reaching his biggest goal yet—to create his own “modern-day” Berkshire Hathaway by following in the footsteps of one of the world’s most successful investors, Warren Buffett.

Pershing Square Capital Management on Tuesday filed to be listed on the New York Stock Exchange, marking Ackman’s second attempt to take the company public after an ambitious play to raise $25 billion for the largest closed-end fund IPO in history failed in 2024.

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