Lion Capital and HM Capital
Just out of curiousity, is Hicks, Muse, Tate and Furst (aka HM Capital) half of what it used to be now that Lion Capital is the spin-off? Is HM Capital still a legit shop, or did most people jump to Lion? Anyone know the story behind this?
I know Tom Hicks just raised a 500mm SPAC, is this seen as a good move for the fund or a sign of desperation because they can't raise?