The document discusses the advantages and considerations for premier sponsors considering the SPAC market. Deutsche Bank is leading SPACs for major buyout firms. Private equity investors like Centerview Partners, Riverstone, TPG, The Gores Group, and WL Ross & Co. are using SPACs to raise funds for acquisitions outside their main buyout funds. Benefits include permanent public equity capital, no liquidity pressures, diversified capital raising channels, and an expanding investor base. Considerations include potential conflicts with existing funds, time allocation, and messaging challenges with existing LPs.
documents/EFTA01369697.pdf
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