Cain International is exploring raising about $250 million for its debut SPAC, Bloomberg reports, citing people with knowledge of the matter.
The investment firm led by Jonathan Goldstein is set to pursue a New York listing for the blank-check company, said the people, who asked not to be named because the information is private. Terms aren’t finalized and could still change.
Cain, which operates in Europe and the U.S., is focused on investments in the real estate, hospitality, lifestyle and leisure sectors. Read more.
