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I Squared Capital was founded in 2012 by former senior executives at Morgan Stanley, including Sadek Wahba, Adil Rahmathulla, and Gautam Bhandari. [1] In 2015, the firm closed its first fund, ISQ Global Infrastructure Fund LP, with $3 billion in total commitments with investments from the Rhode Island State Investment Commission, the New Mexico Educational Retirement Board, and Mitsubishi ...
Sadek Wahba (born 1965) is an American economist and businessman. He is the founder and managing partner of the Miami-based global infrastructure investment company I Squared Capital, [2] and the author of Build: Investing in America's Infrastructure. [3]
In 2004, with $54 million from his personal funds and from his former business partner Leucadia National, Ackman started Pershing Square Capital Management. [2] [11] In 2010 Pershing started buying J. C. Penney shares, paying an average of $22 for 39 million shares or 18% of J.C. Penney's stock. In August 2013, the two-year campaign to ...
"Trump likes big deals and this would be the biggest deal in history," added Ackman, the founder of Pershing Square Capital Management. "I am confident he will get it done."
(Reuters) -Billionaire Bill Ackman's hedge fund Pershing Square Capital Management is finalizing a roughly $1-billion funding round with institutional investors and family offices as well as ...
Despite the recent returns, Key Square has seen assets under management decline to $577 million as of December 2023 from a peak of $5.1 billion at the end of 2017, the report said.
As of March 2018, Pershing Square held a 10.3% stake in Chipotle. [32] In 2018, Ackman dumped $500 million into the publicly traded arm of Pershing Square Capital Management stating it was significantly undervalued at roughly $15 a share. As of September 2019, the fund returned 54.5% with a share price of $19.10, the highest since January 2016.
Corsell is currently a Partner at I Squared Capital, where he is a member of the firm's Operating Committee and created the firm’s technology investment strategy. [45] In January 2021, I Squared announced the acquisition of Atlantic Power Corporation on the TFC Utilities platform for approximately $1 billion; the deal closed in May 2021. [46]