Bill Ackman is a famous investor who wanted to raise a lot of money for his new investment fund called Pershing Square USA. He planned to raise $25 billion, but now he thinks he will only be able to raise between $2.5 billion and $4 billion. He asked people to invest in his fund, but the fund's name, Pershing Square USA, says that they don't agree with what he said. Some big investors and even regular people like you and me have already said they will invest in the fund. Bill Ackman still thinks the fund will do well and get a lot of money from investors. Read from source...

- The story is from July 25, 2024, which is not possible as the current year is 2021.
- The story uses the term "Warren Buffett-Style Annual Meeting" which is not accurate as Warren Buffett's annual meetings are known as "Woodstock for Capitalists" and are not like the usual corporate annual meetings.
- The story is unclear about whether the $2.5 billion to $4 billion target is for the IPO or the total amount raised, making it confusing.
- The story uses the term "Bill Ackman's US Fund" which is not the correct name for the fund, it's Pershing Square USA.
- The story mentions Ackman's use of social media to attract potential investors, but does not provide any examples or details of how he did that.
- The story states that Pershing Square USA is a closed-end fund, but closed-end funds are not traded on the NYSE, open-end funds are.
- The story does not explain how the fund is different from Pershing Square's existing funds or what is the investment strategy of the fund.
- The story does not mention any potential risks or challenges that the fund may face, such as competition, regulation, or performance.
- The story does not provide any sources or links for the information it provides, making it hard to verify or corroborate.
- The story ends with an advertisement for Benzinga's services, which is irrelevant and inappropriate for a news article.