October 6, 2016 / 6:26 PM / 10 months ago

Ex-Pershing Square partner Hilal preps new fund

1 Min Read

Oct 6 (Reuters) - 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 filing said.

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 Shumaker)

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