Billionaire FTSE 100 investment manager discloses damascene conversion to crypto

Ian Orton, 23/11/2022

Bill Ackman, the billionaire founder of New York-based Pershing Square Capital Management, which manages Pershing Square Holdings, a London-listed investment company, appears to have experienced a damascene conversion as far as crypto assets are concerned.

Mr Ackman used to be extremely sceptical about crypto.

But in a series of Tweets made on 20 November, Mr Ackman not only admitted his change of view but also disclosed that he had made a number of small personal investments in c...

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