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The Spac party must shift to Europe

As US Spac deals start to slow after an extraordinary first quarter, any new growth must come from outside the US

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Source: ViewApart/Getty Images/iStockphoto

Credit Suisse is the leading arranger of Spac (special purpose acquisition company) IPOs, a largely US phenomenon. It knows well that if the party is to keep going, it may soon have to move to a new venue.

Nick Koemtzopoulos, head of EMEA equity capital markets at Credit Suisse, tells Euromoney: “2020 was a breakout year with a record $80 billion of Spac IPOs.


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Peter Lee is Editorial Director. He joined Euromoney straight from Oxford University in 1985, and has written about banking and capital markets ever since, being appointed editor in 1999. He became editorial director of Euromoney in May 2005.
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