Hedge fund giant Marshall Wace is warning investors that special purpose acquisition companies (SPACs) could end up delivering “awful returns,” Bloomberg reported. Marshall Wace Co-Founder Paul Marshall said the SPAC phenomenon will “end badly” and “leave many casualties,” according to Bloomberg. He disclosed that the...
July 17, 2023
Thunes has secured $72 million in a Series C round of funding with support from a range of strategic investors. The Singapore-based B2B payment infrastructure platform’s latest added investors include Visa, EDBI and Endeavor Catalyst, Thunes said in a Monday (July 17) press release. “Support from Visa, EDBI and Endeavor is a powerful endorsement of […]
April 20, 2021
Hedge fund giant Marshall Wace is warning investors that special purpose acquisition companies (SPACs) could end up delivering “awful returns,” Bloomberg reported. Marshall Wace Co-Founder Paul Marshall said the SPAC...