The frenzy over special purpose acquisition companies (SPACs) is not going to fade anytime soon, two leading Asian SPAC sponsors said at DealStreetAsia’s Asia PE-VC Summit 2021 on Sept. 29.
“I believe that the US market will come into play once again by Q1 next year [2022],” said Ravi Thakran, managing partner at Turmeric Capital and the chairman and CEO of Aspirational Consumer Lifestyle Corp at the panel discussion titled SPACside story: Behind the euphoria and frenzy, a viable exit for investors?.
