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SPAC Opportunities for Monday

Best SPAC Opportunities for Monday With the SPAC market slowing down and starting to clear out, some investors are looking for upside with announced deals. In addition, investors continue to look in the bargain bin for yield as well. Author: Apr 5, 2021 Last week we saw the SPAC IPO market close for business with only 2 SPACs pricing. This is good news as the market needs to clear out so that investors can get excited again about good SPACs and good deals. Given that there has been no IPO pop and very little deal announcement pop lately though CMII and AJAX had a some SPAC investors are starting to look at a combination of strong sponsor/teams with SPACs that already have announced deals.

ABV marks first close of $25m venture capital fund

ABV marks first close of $25m venture capital fund ABU DHABI, January 11, 2021 Access Bridge Ventures (ABV), a regionally-focused early-stage venture capital fund, has made a first close. The fund, which will target a final commitment of over $25 million, garnered investments from leading regional institutional investors. The investors include Mubadala Capital, the financial investment arm of Mubadala Investment Company, Saudi Venture Capital Company (SVC), Jada, and several prominent family offices, each of whom will gain access to some of the region’s most transformative, home-grown tech companies. The International Monetary Fund estimates that micro, small and medium enterprises (MSMEs) represent about 96 per cent of registered companies and about half of all employment in the Mena region. Despite this, the total financing gap for MSMEs is estimated to be as much as $240 billion, according to the International Finance Corporation.

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