What is a SPAC?
This video by Rupert is a brief introduction to SPAC, he begins with introducing SPAC along with the key participants and further takes us through the purpose of a SPAC - and the process of setting one up and executing its strategy.
Overview
A SPAC is an attractive additional funding mechanism for investment teams and entities to pursue acquisition opportunities, where such opportunities are not immediately apparent or in process. A SPAC can also provide a compelling route to the public markets for private companies, when market conditions allow. Additionally, SPACs can be an attractive downside protected investment for investors, particularly in a low interest rate environment.
Key learning objectives:
What is a SPAC?
Identify and explain the life of a SPAC from beginning to end
Explain the features of a SPAC and the benefits to all parties involved
Summary
Expert
Rupert Walford
Rupert has over 25 years of experience in the financial services industry working mainly in international capital markets. He is currently a Managing Director at RBC Capital Markets in London responsible for ECM Execution and Healthcare ECM and Corporate Broking in Europe. Rupert was previously at Linklaters for 8 years, at UBS Investment Bank for 9 years as Head of Global Capital Markets Legal and as a member of UBS's ECM Execution team and subsequently at Deutsche Bank in Compliance covering ECM and Corporate Broking.
Rupert has extensive experience in a wide range of investment banking transactions in EMEA, predominantly in the emerging markets and in particular Russia. He is also a qualified lawyer.
