{
  "id": 2339972,
  "title": "Bill Ackman Is Launching a New Way to Invest in Pre-IPO Companies",
  "url": "https://urgent.news/2026/08/21/bill-ackman-is-launching-a-new-way-to-invest-in-pre-ipo-companies",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T07:55:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/08/21/bill-ackman-launch-way-invest-pre-ipo-company/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Bill Ackman, the CEO of Pershing Square (NYSE: PS), has just launched a new closed-end investment fund, Pershing Square USA (NYSE: PSUS), in April. This fund allows U.S. investors to easily invest alongside him. However, Ackman sees potential in another area of the U.S. market - pre-IPO companies.\n\nIn response to this opportunity, Pershing Square announced the upcoming launch of Pershing Square Ventures, Ltd. This is a small closed-end fund that will focus on investing in late-stage private companies. Ackman believes that his team is well-equipped to invest in these private companies, noting that Pershing Square has already made some positions on its own balance sheet outside of its funds.\n\nMoreover, Ackman argues that starting a venture fund and researching more start-ups will likely lead to better results for investors in Pershing Square's existing funds.",
  "summary": "The next fund from Pershing Square could be complementary to its current options.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Bill Ackman Is Launching a New Way to Invest in Pre-IPO Companies",
        "url": "https://urgent.news/2026/08/21/bill-ackman-is-launching-a-new-way-to-invest-in-pre-ipo-companies-2341725",
        "published": "2026-08-21T08:15:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}