# Activist investor

By [image](https://paragraph.com/@webard) · 2023-02-01

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Activist investor Bill Ackman, founder of hedge fund Pershing Square, [tweeted](https://twitter.com/BillAckman/status/1619736378845327360?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1619736378845327360%7Ctwgr%5Ed80c038fbb36423e70a34ce232132a0929485111%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.cnbc.com%2F2023%2F01%2F31%2Fadanis-battle-with-hindenburg-leaves-investors-sizing-up-its-exposure.html) Sunday: “There is just too much liability exposure for the banks.” Ackman was referencing this week’s share sale for its flagship Adani Enterprises, which crucially achieved a full subscription Tuesday.

A spokesperson for the Adani Group was not immediately available for comment when contacted by CNBC.

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*Originally published on [image](https://paragraph.com/@webard/activist-investor)*