Ackmans Pledge $10 Million to Support Human Rights Watch

Bill Ackman, chief executive officer of Pershing Square Capital Management LP, and his wife, Karen, have pledged $10 million to the New York-based Human Rights Watch Inc.

The Ackmans’ Pershing Square Foundation will give $2 million a year during the next five years to the nonprofit. The money will be used to expand its advocacy to countries including Brazil, India and South Africa and increase its research capabilities in the 90 nations it currently monitors, said Executive Director Ken Roth in a phone interview.