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Featuring the unravelling of SPACs, the outperformance of crypto hedge funds, and a jump in hedge fund pay.
Q2 2021 hedge fund letters, conferences and more
SPAC Redemption Rates Jump Above 90%
Special purpose acquisition companies (SPAC) were one of the hottest trends of 2020. This trend now seems to be unravelling.
The combination of additional regulation and decline in investor interest is causing the SPAC trend to fizzle out.
Over the past 12 months, a number of hedge funds have launched new vehicles to take advantage of the...