Ex-Farallon Managers Get In on the Blank-Check Company Trend

The managers’ new special purpose acquisition company calls for the most aggressive self-imposed timeline for such a company to reach a merger deal.

Tiga Investments is based in Singapore. (Brent Lewin/Bloomberg)

Tiga Investments is based in Singapore.

(Brent Lewin/Bloomberg)

Two former executives in Farallon Capital Management’s Asia business are the latest current or former hedge fund managers to launch a blank-check company.

Tiga Acquisition Corp. filed plans with regulators to raise at least $200 million in a deal that also includes a uniquely aggressive self-imposed timeline to reach a merger deal, underscoring the growing competition for capital.

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