MarketCurrents welcomed Bharat Bhise of Bravia Capital in New York as well as Nitai Utkarsh of HeroMoto Corp’s family office based out of Delhi. Sumehr Sondhi moderated this panel on The Indian Investment Landscape.Read More
Family office Archegos and its banks are counting the cost of sour bets
May 14. 2021
Investment banks lined up to do business with Archegos Capital Management, the family office of Bill Hwang. It didn’t go well for them in the end, neither for Archegos itself.
SPACs Are the Next Frontier for Family Offices
May 07. 2021
The year of SPACs 2021 is the year of special purpose acquisition companies (SPACs). We are hardly in the middle of May, but SPAC activity is the highest ever. SPAC Analytics data shows 313 successful SPAC IPOs in 2021, and a little over $101 billion has been raised. In comparison, 248 SPACs went public in 2020 and raised $83 billion. Even this performance was unprecedented. A SPAC is an entity that wealthy investors create to acquire existing companies. At its founding, a SPAC does not have commercial operations. Underwriters such ...