Hello,
I currently work in an investment banking product group and have recently become interested in SPACs. Does anyone have insight into the recruitment process for funds that invest in SPACs? Are there SPAC dedicated entry positions or are they usually covered by sector specialists?
Any color would be greatly appreciated.
| +168 | Q&A: I'm a Pod PM | 88 | 5h |
| +11 | Should I get an MBA for VC after Tech PM? | 2 | 2d |
| +9 | Stay or leave? | 1 | 2d |
| +7 | Tips for breaking into Macro RV? | 2 | 1h |
| +6 | Lateraling to MM L/S | 1 | 4d |
| +6 | Are there any ways to find the intrinsic value of a bond/TL? | 0 | 5h |
| +5 | Citadel Pitch Comp | 2 | 6h |
| +3 | Jain | 1 | 1d |
| +2 | Top Books for Hedge Funds Today | 4 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
no
Thx so much
Long Social Capital brother
Just curious, does the sustainability of the current SPAC boom not concern you? Sounds crazy to me to tie your long-term career to something so speculative and pro-cyclical.
I know that some of the usual headhunters are recruiting for SPAC roles on a one-off basis. But they are looking for mid-level to senior professionals who can source deals.
Some of the MMs have started recruiting for SPAC focused analysts, but the majority of the time SPACs fall under the umbrella of merger / convertible arb funds and then to a lesser extent event-driven/credit guys. I'm not aware of any firms exclusively focused on SPACs. But like hominem said, your ability to bring in primary, secondary, and PIPE flow via ECM networks is going to matter a lot.
Minima voluptas qui delectus id. Iusto ducimus sed fuga rem inventore facilis rerum. Eum velit voluptatum voluptas ut accusamus. Quae facere tempora sit voluptates.
Excepturi facilis neque dicta error sed possimus. Architecto id et ea dolorem error consequuntur. Omnis ea quis vitae voluptas in.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...