Goldman Sachs has advised on more deals this year than any other Wall Street firm, The New York Times reports. CEO David Solomon in an interview with the newspaper talked about the state of the market generally and SPACs in particular.
| “There was a lot of excess in the SPAC market going back earlier in the year, and obviously the amount of activity has cooled,” he told the Times. “And so this is a capital markets innovation that’s here to stay, and we’re going to have SPAC activity, but I think earlier this year what we saw was quite excessive, and I think it’s getting to a much more balanced place.” Read more. |
