SPACs and Private Equity: Competition or Exit Mechanism

Coming soon!

Presenter: Kelly K. DePonte — Managing Director, Probitas Partners (probitaspartners.com); Advisory Board Member, IMDDA

Kelly will discuss the history of the development of Special Purpose Acquisition Companies (SPACs) and how the issuance of publicly traded stock for these firms has surged recently.

Objectives:

  • Review the development of SPACs and gain better understanding of their complex structure and current market norms in pricing.
  • Understand the concerns of private equity limited partners on the rising interest of fund managers in sponsoring SPACs.
  • Review of current regulatory concerns on the sector that may impact future issuance.

Audience: Staff at institutional limited partners as well as sophisticated HNW investors. Also has applicability to staff at service providers and junior staff at fund managers.

Level: Advanced.

Pre- Requisite: Private Equity Overview Course