Basso’s SPAC Fund Aggressively Boosts Stakes in Four Firms

The convertibles specialist has a hedge fund that only invests in blank-check companies.

Illustration by II

Illustration by II

Basso Capital Management has been especially bullish of late on SPACs, or special purpose acquisition companies.

In the past few weeks, the hedge fund firm best known for investing in convertible securities recently took sizable positions in at least four SPACs, also known as blank-check companies.

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