Ressler personally invested in Pershing Square in a transaction announced the sell of the team.
According to persons with knowledge of the situation, Tony Ressler, the wealthy chairman and co-founder of Ares Management Corp., is one of the investors who supported Bill Ackman’s Pershing Square.
The persons, who wished to remain anonymous because they were disclosing sensitive material, claimed that Ressler personally invested in Pershing Square in a deal that was revealed earlier this month and involved the selling of a 10% interest in the business, valuing it at $10.5 billion.
Reliable sources state that among the investors who supported Bill Ackman’s Pershing Square was Tony Ressler, the billionaire co-founder and chairman of Ares Management Corp.
In a deal that was revealed earlier this month, Ressler made a personal investment in Pershing Square, according to people who asked not to be named because they were discussing private information. The deal involved selling 10% of the company, which was valued at $10.5 billion.
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