Delphi Growth Capital, a new SPAC formed by Apollo Global, registered with the SEC to offer 30 million units. A unit consists of one share and one-third of a warrant.
The SPAC’s focus is on real estate, the intersection of real estate and technology, real estate services and related sectors in North America.
CEO Philip Mintz is a senior partner and leads Apollo’s real estate investing effort in the US and Asia. Mintz joined Apollo in 2015, following Apollo’s acquisition of Venator Real Estate Capital Partners, the firm he founded in 2013.
Citigroup and Apollo Global Securities are underwriting the offering.
The new SPAC intends to apply for a NYSE listing under the symbol DGC.U. Read more.
