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Synonyms

closed-end investment company

American  
[klohzd-end in-vest-muhnt kuhm-puh-nee] / ˈkloʊzd ɛnd ɪnˈvɛst mənt ˌkʌm pə ni /

noun

  1. an investment company that issues its shares in large blocks at infrequent intervals and is not obligated to redeem or repurchase them.


Example Sentences

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See Examples For:

Pershing Square Inc. is a closed-end investment company managed by Pershing Square Capital Management.

From The Wall Street Journal Apr. 23, 2026

Pershing Square USA, a closed-end investment company managed by Pershing Square Capital Management, on Tuesday filed for an initial public offering with the Securities and Exchange Commission.

From The Wall Street Journal Mar. 10, 2026

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