Fannie Mae – BSIC | Bocconi Students Investment Club

From Bailouts to Buyouts: The New Face of U.S. Housing Finance

Download PDF Introduction The U.S. housing finance system revolves heavily around government-sponsored enterprises (GSEs), and historically implicit and now explicit government guarantees through Fannie Mae [OTCMKTS: FNMA] and Freddie Mac [OTCMKTS: FMCC]. These entities have historically stabilized and facilitated mortgage lending by providing liquidity and guaranteeing mortgage-backed securities (MBS). However, Read more…

By BSIC, 4 days13 April 2025 ago

Hedge fund billions: Bill Ackman’s Pershing Square raises $3bn in IPO

Pershing Square Holdings Market Cap (as of 31/10/2014): $6.181bn Pershing Square Holdings, the hedge fund company founded in 2003 by Bill Ackman, the activist investor and Harvard alumnus who boasts a $1.2bn net worth, raised $2.73bn floating for the first time in the Euronext Amsterdam on October 13th. The fund, Read more…

By BSIC, 10 years1 November 2014 ago