Pershing Square Holdings Portfolio (multi-position) (PSH)

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Before/after framing slide · 80%

The slide is titled 'PSH's discount to NAV narrowed meaningfully in anticipation of the PSUS IPO and potential associated reduction in PSH performance fees' and shows a line chart.

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before-after-framing 80%

The slide frames the discount narrowing as a direct result of the PSUS IPO process events.

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The chart highlights the correlation between corporate events (fee amendments, IPO roadshow, IPO withdrawal) and the discount to NAV.