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Is the Fed Tightening Making It Harder for Sponsors to Raise Capital?
When we spoke, you were very bullish on spacks and building. You are even building a basket of them. I believe several spacks have recently been just destroyed from either redemptions or a lower multiple. The pace of new spacks has slowed down dramatically. Spacks are still a way for some companies to go public that are more advantageous toe then ipo. But it's a lot less attractive.
Trey invites back Ted Seides to discuss the influence of endowments and hedge funds in today's markets and the impacts of ESG policies.
IN THIS EPISODE, YOU'LL LEARN:
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