Bill Ackman and Pershing Square Invest in Tel Aviv Stock Exchange
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New informationRepeats or wire copies
What happened
Bill Ackman and Pershing Square made a new investment in the Tel Aviv Stock Exchange on October 23, 2026. The Tel Aviv Stock Exchange previously announced that Ackman and Neri Oxman had agreed to buy approximately 4.9% of its shares through a secondary offering in January 2024. Ackman also stated that an Israeli company could reach a $1 trillion market capitalization within five years.
From econotimes.com
Why it matters
Ackman views Israel's technology sector as mature, noting that entrepreneurs are increasingly choosing to grow companies rather than selling early to multinational firms. He also believes Israel will become one of the world’s best economies, citing the concentration of talent in the country as a potential advantage in the artificial intelligence era.
From econotimes.com
Who's involved
- Bill AckmanFounder and CEO of Pershing Square Capital Management, who made the investment.
- Tel Aviv Stock ExchangeThe stock exchange in Tel Aviv that received the investment.
- Pershing SquareThe investment firm founded and managed by Bill Ackman.
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The entities involved
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Bill Ackman
American billionaire hedge fund manager (born 1966)
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Tel Aviv Stock Exchange
stock exchange located in Tel Aviv, Israel
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Pershing Square
park in downtown Los Angeles
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