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Hedge Fund Alpha’s September 2021 Hedge Fund Update: Ackman Pivots To SPARC, SPAC Redemptions Jump

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Jacob Wolinsky
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HFA Hedge Fund Update
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Welcome to our latest issue of Hedge Fund Alpha’s hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback!

Featuring Bill Ackman moving onto to a SPARC, SPAC redemptions jump, and hedge funds dive into private equity.

Q2 2021 hedge fund letters, conferences and more

Bill Ackman Pivots From SPAC to SPARC

Last year, Bill Ackman not only jumped on the SPAC bandwagon, but he also jumped on the bandwagon in style.

The hedge fund manager's special purpose acquisition company, Pershing Square Tontine Holdings, was the largest blank-check vehicle ever launched, raising $4 billion at the time of its IPO.

Ackman also decided to launch his blank-check company without some...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.