Hedge Fund falls out of love with SPACs? – #stocks chatter

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Hedge Fund falls out of love with SPACs?
Hedge funds exit SPACs as the honeymoon with blank-check companies ends

The SPAC honeymoon is over as hedge funds are starting to dump shares in Michael Klein's blank-check company set to acquire Lucid Motors.

Deutsche Bank gave US investment-banking interns the option of a remote or in-person program. Nearly all of them opted for the office.

Carlyle is making a big push to tie internal diversity initiatives to bonuses, but less than 3% of the senior US staff at the PE giant are Black.

https://www.businessinsider.com/top-finance-stories-of-the-day-for-may-24-2021-5
https://www.reddit.com/r/StockMarket/comments/nk30r4/hedge_fund_falls_out_of_love_with_spacs/

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