Since Blackstone launched in 1985 with $400,000 in seed money, the asset manager has expanded from traditional buyouts to the credit markets, real estate and more.
With Its SPAC Merger Complete, Paysafe Is Ready for a Turnaround
Now that the hype phase has faded, enterprising investors can scoop up shares of PSFE stock for a cheaper price.
Billionaire Bill Foley Is SPAC Market’s Overlooked Star
Fast-trading, social-media-obsessed investors have driven the special-purpose acquisition company craze. One of the biggest SPAC creators is a staid insurance executive who wants nothing to do with them.
Online payments company Paysafe going public in SPAC merger Tuesday, Bill Foley says
London-based online payments company Paysafe is set to begin trading on U.S. public markets after merging with blank-check company Foley Trasimene Acquisition II Corp, billionaire business and sports executive Bill Foley told CNBC Monday.
Serial Dealmaker Bill Foley Looks for Carveouts With New SPAC
Bill Foley, one of the highest-profile names in blank-check dealmaking, is on the lookout for public company assets that it could take public as a separate business.
My Top SPAC Play for 2021
It is that time of year when we try to predict what stocks will perform the best in the 12 months ahead. While this isn’t my preferred way to approach the market (and others agree with me), it is helpful to identify stocks with strong potential to put on your watch list and aggressively trade as technical conditions develop.
Wealthy Europeans Join SPAC Club in Record Year for Listings
The allure of blank check companies is spreading beyond the U.S., with a host of European business tycoons now plotting deals. Listing a so-called special purpose acquisition company, or SPAC, has been the go-to method for wealthy Americans to raise money for takeovers this year.
Serial Dealmaker and Master of Payouts Shows Why SPACs Appeal
(Bloomberg) — Few on Wall Street can do more with a blank check than Bill Foley. At 75, he’s the…