Turmeric Capital, an investment firm led by former L Catterton Asia head Ravi Thakran (pictured), is exploring listing a SPAC in Singapore, Bloomberg reports, referencing people with knowledge of the matter.
The Singapore-based buyout firm is working with an adviser on the potential IPO, said the people, who asked not to be named as the process is private. The blank-check firm could raise about $221 million and Thakran will be its chairman and chief executive. Read more.
