What to Do After Quitting Hedge Funds? Start a SPAC, of Course.

The departed Senator Investment Group co-founder Alexander Klabin becomes, by II’s count, the thirteenth hedgie to launch a blank-check company this year.

(David Paul Morris/Bloomberg)

(David Paul Morris/Bloomberg)

Alexander Klabin’s life after hedge funds got off to a busy start last week.

The departed co-founder of Senator Investment Group reportedly said earlier this year he was leaving the $6.9 billion hedge fund firm and looking to buy and help build private companies.

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