Finance Veteran to Restart European SPAC Market with Amsterdam Vehicle

British finance veteran Edi Truell is planning to list a blank check company in Amsterdam in what would be the first SPAC to surface in Europe since the summer, Reuters reports.

Disruptive Capital Acquisition Company would look to raise up to 125 million pounds ($170.25 million) and would target a financial services company in Western or Northern Europe, according to a message to investors seen by Reuters.

Truell is a director of private equity firm Disruptive Capital and also the co-founder of The Pension SuperFund, which was set up to take on the risk of beleaguered company pension schemes. Read more.

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