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GAM boosts disruptive growth team with double appointment
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London may miss the blank cheque boat
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De-Spac to the future: AAA-rated disruption PM eyes new era
GAM’s Mark Hawtin believes the best time to buy into the incredibly hyped Spac sector is once they are no longer Spacs. 29 April, 2021
Spacs – special purpose acquisition companies – have hit the headlines over the past year, as so-called ‘blank cheque vehicles’ look to raise cash before listing and then identify purchasing targets.
With the number of Spac listings slowing since an initial hysteria, the sector continues to attract interest from investment heavyweights. So, when is the right time to capitalise on this trend?
Once the Spac is no longer actually a Spac, according to Citywire AAA-rated Mark Hawtin, who runs the GAM Star Disruptive Growth fund.