3min chapter

Forward Guidance cover image

SPACs Are Bonds, Actually | Louis Camhi

Forward Guidance

CHAPTER

The Importance of Alignment in Private Equity

I still think, you know, Gores, for instance, has been just really active in this space and probably someone you want to bet with. KKR liquidated their vehicle, right? And yet if they brought another one, I think that would be pretty interesting because by liquidating their vehicle, they chose to lose their risk capital at the cost of protecting their reputation. You know, Aries is out there to just raise a second vehicle. So it's these, again, my view is, do you have access to your own deal flow andYou have access to capital?

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