Clark Law Offices
Free Initial Consultation
Call Today for a Free Initial Consultation at 603-473-4338

Hedge fund boss involved in high asset divorce

Some couples in New Hampshire may discover that their relationship is no longer working. In order to ensure their personal happiness as well as the overall well-being of their children, they often concede that a divorce is in their best interest. While most proceedings to end a marriage are relatively straight forward, a high asset divorce can be more complicated as both sides work to disentangle and divide assets.

One man, described as a hedge fund boss, and his wife have recently announced their decision to divorce. While some of the details are unclear, they reportedly emailed friends just before Christmas to inform them of their intentions. Some sources claim that the couple, who have been married for 25 years and have children together, simply grew apart and that their split appears to be amicable.

The man founded and now serves as the CEO of Pershing Square Capital Management, which manages hedge funds. He is reported to be worth approximately $1.6 billion. Some speculate that the divorce settlement could be substantial. The couple own an apartment, estate and penthouse valued at $35 million, $22 million and $90 million, respectively. A spokesperson for the man made no comment on allegations of an impending divorce beyond asking for privacy.

While a high asset divorce is often viewed as necessarily contentious, that does not have to be the case. Many couples in New Hampshire, regardless of their wealth, are able to work with professionals to come to a fair settlement. Especially if there are children involved, being able to amicably end a marriage allows parents to make decisions for their children and successfully co-parent in the future.

Source: cnbc.com, "Bill Ackman and wife Karen Ann Herskovitz reportedly splitting in multimillion-dollar divorce", Berkeley Lovelace Jr., Dec. 23, 2016

No Comments

Leave a comment
Comment Information