SPACs Reemerge as Exit Valve to Unlock Private Bets

A wave of June deals highlights how hedge funds are backing both targets and vehicles to monetize investments as the IPO market remains muted.

Stephen Taub June 22, 2026

Special purpose acquisition company mergers are becoming an increasingly important path for monetizing private investments. This is especially important to hedge funds and other venture capital investors as the IPO market remains moribund.So far in June, a total of 20 SPAC deals have closed, according

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