Pace Holdings Corp., a TPG Capital-sponsored SPAC, completed a $450 million IPO, marking the second largest post-crisis offering. The IPO was led by Deutsche Bank and featured an innovative 1/3 warrant coverage structure. The transaction was completed in an accelerated 3-day roadshow, attracting high-quality investors. The management team, led by Karl Peterson, aims to identify and improve underperforming companies. Key figures include David Bonderman and James Coulter.
documents/EFTA01369717.pdf
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