Goldman Sachs Creates London Team to Capitalize on SPAC Boom: Report

Goldman Sachs

Goldman Sachs has shifted two of its most senior equity bankers in London into a new team that will look to capitalize on the expected boom in blank-check companies in Europe, Financial News reports.

Celine Assouline, who has been co-head of structured equity for Europe, the Middle East and Africa for the last seven years, will co-head a new unit alongside Lyle Schwartz, who previously led a division at the US bank raising capital for private companies, according to people familiar with the matter.

The newly-formed unit, called alternative equity products group, will also bring together other parts of its equity capital markets functions including private placements, pre-initial public offering convertibles and equity-linked products. Read more.

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