Gaw Capital Said to Weigh $200 Million SPAC for Asia Tech Deals
- Private equity firm’s SPAC would target tech firms in Asia
- SPAC deals have raised more than $53 billion in U.S. this year
Pudong's Lujiazui Financial District in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Gaw Capital Advisors is considering raising at least $200 million through a special purpose acquisition company in the U.S., according to people familiar with the matter.
The buyout firm plans to set its sights on technology firms in Asia for targets of the proposed blank-check company, said the people, who asked not to be identified as the information is private. Deliberations are at an early stage and details including size and strategy could still change, the people said.