Up nearly 15%, Mick McGuire’s Marcato closes to outside capital
April 17, 2012
The former Pershing Square partner’s top stock picks have driven his Q1 outperformance.
Having earned 14.5% during the first quarter, former Pershing Square Capital Management partner Mick McGuire plans to soft close his long/short equity firm Marcato Capital Management on July 1, according to a recent investor letter. The activist firm manages nearly $500 million and only existing investors will be allowed to increase their allocations following the cutoff....
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