INSIGHT: Private Equity and SPACs — A Mutually Beneficial Relationship
August 12, 2020
Special purpose acquisition companies (SPACs) are gaining in popularity with private equity firms as an investment vehicle. In a recent Bloomberg Law Insight, Sidley’s Jeffrey Smith and Michael Heinz explain what they are, who is using them, and how they entail a relatively low upfront investment, but offer a very significant upside potential and shorter investment horizon.
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