Serial investor Kudu takes stake in $5.4bn EM boutique
Gramercy Funds Management, which is based in Greenwich, Connecticut, has about $5.4bn in assets under management.
Source: citywireselector.com
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Do-Nothing SPACs Sag, Offering Investors a $1.1 Billion Return
Apr 05 2021, 10:48 PM April 05 2021, 4:44 PM April 05 2021, 10:48 PM (Bloomberg) -- What would you do if someone offered to let you buy dollars for 99 cents and walk away with a billion-dollar profit? (Bloomberg) -- What would you do if someone offered to let you buy dollars for 99 cents and walk away with a billion-dollar profit? Thatâs the opportunity, at least in theory, presented by underwater SPACs. Some 300 special purpose acquisition companies debuted in the first quarter of this year, creating an oversupply with at least 302 that hadnât bought anything yet and were trading f...
Source: bloombergquint.com