Dan Och Joins the SPAC Pack

The Och-Ziff founder and a partner have recruited a star-studded board of advisors for their blank-check company Ajax I.

Daniel Och (Amanda Gordon/Bloomberg)

Daniel Och

(Amanda Gordon/Bloomberg)

The co-founder of Och-Ziff Capital Management (now Sculptor) and one-time Goldman Sachs star Glenn Fuhrman are seeking to raise at least $750 million for Ajax I, a special purpose acquisition company (SPAC), according to a filing with regulators late Friday.

Ajax I is looking to acquire “a scaled, multi-billion dollar asset” in the internet, software, financial technology, or consumer sectors, according to the document.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related