Ackman Plans to Return Proceeds From $4bn SPAC

Ackman Plans to Return Proceeds From $4bn SPAC

Investment-fund billionaire William Ackman, who launched the largest-ever special-purpose acquisition company with an aim of landing a big target to take public, may now return its funds to shareholders in the face of a lawsuit questioning the vehicle’s legality. Mr....
Goldman’s Petershill Eyes Listing of $4bn London Vehicle

Goldman’s Petershill Eyes Listing of $4bn London Vehicle

Goldman Sachs Group’s Petershill unit, which specializes in buying stakes in alternative asset managers, is considering listing a permanent capital vehicle in London as soon as this year, people familiar with the matter said. Petershill is working with advisers on the...