Pershing Square Holdings has released its Annual Investor Update Presentation, providing insights into its performance and strategy.
PSH Board Process
- Quarterly meetings; additional meetings as needed
- Review and monitor
- Investment performance and portfolio
- Operational risk management
- Investor relations
- Share price performance
- Expenses
- Regulatory matters
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- Board Committees (membership limited to independent directors except for risk and nomination committees)
- Audit Committee
- Management Engagement Committee
- Nomination Committee
- Remuneration Committee
- Risk Committee
- Additional matters
PSH Board Additional Matters Considered in 2024
- Share buybacks
- Dividend policy
- Debt strategy
- Fee-related amendments to the Investment Management Agreement
- Pershing Square Capital Management, L.P. (“PSCM”) stake sale
- Pershing Square USA, Ltd. (“PSUS”)
- UK fee disclosure forbearance
- Euronext Amsterdam listing
- Strategies for addressing discount to NAV
Long-Term Debt Financing Strategy
PSH’s ability to access low-cost, investment grade, long-term debt is an important competitive advantage for...