Howard Hughes Holdings Inc. (HHH)

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list/bullet: Pershing Square Holdings, Ltd. ("PSH"), the largest permanent capital hedge fund in the world, which currently has $16.1 billion in assets and $2.3 billion in investment grade bonds outstanding (S&P BBB+ rat

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The slide uses a mix of bullet points and nested sub-bullets to detail specific Pershing Square vehicles (PSH, PSTH, SPARC).