Oct 6 A former partner at Pershing Square
Capital Management is preparing to launch a new fund, according
to a U.S. regulatory filing.
Paul Hilal, who left Pershing Square in January, is
launching Mantle Ridge LP, a New York-based investment fund, the
Hilal was a close lieutenant to Pershing's founder, William
Ackman, and was a driving force behind the activist fund's
investment in railway operator Canadian Pacific Railway Ltd
Hilal did not immediately return an email seeking comment.
(Reporting by Michael Flaherty in New York; Editing by Lisa