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Investors Can t Get Enough of Europe s New SPAC Kingpins

Investors Can’t Get Enough of Europe’s New SPAC Kingpins This content was published on February 26, 2021 - 17:48 February 26, 2021 - 17:48 (Bloomberg) Investors are rushing to back Europe’s emerging SPAC stars, from ex-Credit Suisse Group AG boss Tidjane Thiam to former Deutsche Bank AG dealmaker Garth Ritchie. Thiam raised $300 million for a special purpose acquisition company focused on deals in the financial industry, up from an initial $250 million target, according to a statement Friday. He joins a clutch of seasoned leaders in Europe that are seeing soaring demand for their blank-check firms, helped by the relative scarcity of issuers from the region looking to tap American investors.

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