Soros Fund Management LLC to withdraw their funds from William Ackerman of Pershing Square Capital Management due to performance, according to a source close to the matter said Thursday.
Pershing is in this process, return the money, the less more than 250 million U.S. dollars, Soros early 2014, the source said.
Ackerman's Pershing Square lost 2.2% in July, but still up 3.8%, compared with last year, three investors told Reuters earlier this week.
Soros has been redeemed move in motion, for a long period of time, the person said, in a bitter fight over nutritional supplement company Herbalife Ltd. (HLF.N), Soros and Ackerman both sides.
$
Ackerman had $
At the same time, Soros Fund holdings in Herbalife, which is its holdings. George Soros is chairman of the company, but not directly involved in the day to day operation.
New York Post "reported on Soros Ackerman Family Foundation and unidentified accomplices accused Soros company broke detonated its purchase shares in Herbalife hedge fund insider trading rules and regulatory complaint.
Soros spokesman declined to comment on complaints. Ackerman Ackerman their representatives did not immediately respond to an e-mail.
 



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