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Chamath Palihapitiya, a 'SPAC King,' Will Wind Down Two Funds

Interest in special purpose acquisition companies has waned as the fear of rising inflation pushes investors toward more conservative assets. ....

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Pershing Square promotes Ryan Israel to CIO; William Ackman to remain CEO

Ryan Israel was named CIO of Pershing Square Holdings as William A. Ackman said he will remain CEO, portfolio manager and ultimate decision-maker. ....

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