Tom Finke's Adara Acquisition Corp. (ADRA), which made its debut on Tueday, was among the new "blank-check companies." While Finke's name might not be as familiar as recent SPAC entrants such as Colin Kaepernick or Shaquille O'Neal, he is a financial force of his own — having served as the CEOs of two asset managers and famously led the 2016 merger of Babson Capital, Barings Asset Management, and two other MassMutual Life subsidiaries to create Barings, a $345 billion money manager. That's why when he entered SPAC land, investors took notice. SPAC investor Julian Klymochko, who manages the Accelerate Arbitrage Fund (TSX: ARB), said his ETF subscribed to the ADRA IPO because he believes that Finke's background and experience in financial services make him a strong SPAC sponsor.