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Deal advisers rebut claims that blank-cheque groups are investment companies in disguise
New structure would remove existing time limits and stop investors’ cash being prematurely tied up
Billionaire investor plans to pivot to new ‘Sparc’ model following lawsuit
With people living longer and pension schemes underfunded, resurrecting them for the 21st century has a certain appeal
Plus, an Italian luxury dynasty embraces the Spac trend, and DD’s top takeaways from bank earnings season so far
Bill Ackman’s deal to acquire a stake in the resurgent music company lives on through his hedge fund
Hedge fund manager changes course to buy into world’s biggest music label after SEC intervention
Deal is first of its kind for a blank-cheque company and comes as music catalogues soar in value
Hedge fund manager’s blank-cheque company is rewriting the rules after boom cools
Shareholders should take heart in activist investor’s talks for 10% stake in record label
Deal would value world’s largest record label at more than $40bn
Our pick of the people who captured the key moments and trends of the year
This year financiers dodged pesky reporting requirements with a newly popular vehicle
We’re counting down our top-10 topics of the year
Elevation to index should bring some of the gloss afforded to rivals
Billionaire hedge fund manager’s well-timed pandemic bet boosts returns
Diverging expectations offer opportunities for the likes of Dan Loeb and Bill Ackman
DD’s inaugural event assembled executives to reflect on a tumultuous year, and where the US election and hunt for a Covid cure will lead
Billionaire says markets are once again complacent about the impact of pandemic
Putting a dollar figure on the elusive concept of the so-called promote
It was almost inevitable that the hedge fund chief would approach the online rental group
Accommodation booking business continues to plan traditional IPO for now
The vehicles are always back in fashion when financial markets become frothy
Pershing Square Tontine Holdings on the hunt for ‘mature unicorns’ after largest such listing to date
Blank-cheque companies are becoming more sophisticated, but the real test awaits on the stock market
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