We are a leading alternative asset management company that earns predictable and recurring fee revenues from permanent capital vehicles that pursue high-return investment strategies.
With a highly scalable, high-margin, low leverage business model and a deep commitment to core investment principles, we believe we are uniquely positioned to deliver superior returns for our investors and shareholders.
Years Since Pershing Square’s founding
Total Firm AUM
Permanent Capital
We earn predictable and recurring fees from three permanent capital vehicles.
LSE: PSH
Fee-Paying AUM: $14B
Flagship LSE-listed permanent capital vehicle
NYSE: PSUS
Fee-Paying AUM: $5B
Flagship NYSE-listed permanent capital vehicle
NYSE: HHH
Fee-Paying AUM: $4B
Diversified holding company
All figures, amounts, and data on this site are as of August 31, 2026, unless otherwise indicated.
We take a long-term approach to investing with a deep commitment to our core investment principles.
Simple, predictable, free-cash-flow generative
Formidable barriers to entry
Limited exposure to extrinsic factors
Strong financial profile
Minimal capital markets dependency
Large market capitalization
Attractive valuation
Exceptional management and governance
We also seek to opportunistically invest in asymmetric hedges to protect our portfolio against macroeconomic and geopolitical risks and capitalize on market volatility.
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