GFH Financial Group Secures Anchor Stake in Bill Ackman’s Pershing Square Dual IPO

GFH Bank B.S.C. (GFH) has officially announced its role as an anchor investor in the highly anticipated dual initial public offering (IPO) of Pershing Square Inc. (NYSE: PS) and Pershing Square USA, Ltd. (NYSE: PSUS). This significant dual listing on the New York Stock Exchange is headed by the prominent billionaire investor, Bill Ackman.

A Track Record of Market Outperformance

Pershing Square, established by Ackman in 2003, has evolved into a global titan in investment management. Key figures highlighting the firm’s strength include:

• Assets Under Management (AUM): Approximately $36 billion, with $26 billion in fee-paying AUM.

• Capital Structure: Boasts 98% permanent capital, providing a stable foundation for long-term strategies.

• Performance: Since January 2004, the firm has consistently beaten the S&P 500 by an average of 550 basis points annually.

• The “Permanent Capital Era”: Since pivoting its strategy in 2018, the firm’s outperformance has surged to 830 basis points per year over the S&P 500, yielding a staggering cumulative return of 2,644% compared to the index’s 836%.

Strategic Rationale

Hisham Alrayes, CEO and Board Member of GFH, expressed strong confidence in the move, noting that the anchor commitment stems from a deep belief in both the management firm and its underlying funds. He praised Ackman’s ability to consistently compound capital at industry-leading rates through a portfolio focused on high-quality, large-cap companies within the tech, consumer, and financial sectors.

By joining this IPO, GFH aligns itself with one of the most successful investment track records in modern finance, further diversifying its international investment portfolio.