logo
episode-header-image
Apr 2021
12m 27s

Understanding SPACS: Wharton Finance Pro...

WHARTON BUSINESS DAILY
About this episode

SPACs - special-purpose acquisition companies - are the latest rage in finance. They are firms designed to help another go public by going around the traditional IPO process to raise funding, and The Wall Street Journal estimates that so far this year, five new SPACs are formed daily. Wharton Finance Professor Nick Roussanov talks to Dan Loney about understanding SPACs, and his recent LinkedIn Live event talking about the issue.






Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
What the Fed’s Pause Signals for Economy and Markets
Jeremy Siegel, Wharton Emeritus Professor of Finance and Senior Economist at WisdomTree, analyzes the Federal Reserve’s decision to hold rates, the significance of dissenting votes, the outlook for future cuts, shifting market leadership, and how AI-driven productivity may shape ... Show More
11m 42s
Jan 28
Why Interest Rates Can’t Fix Deeper Economic Problems
Patrick T. Harker, former President of the Federal Reserve Bank of Philadelphia and current Wharton Professor of Operations, Information, and Decisions, draws on his experience to discuss why monetary policy has clear limits, the need for political follow-through on fiscal and wo ... Show More
11m 21s
Jan 23
Affordable Care Act Subsidies, Coverage Losses, and What Comes Next
Professor Emeritus of Healthcare Management at the Wharton School, Mark Vincent Pauly, analyzes the consequences of the Affordable Care Act’s enhanced subsidy expiration, its effects on insurance coverage and costs, and the potential implications of proposed reforms allowing indi ... Show More
10m 37s
Recommended Episodes
Jul 2025
Private Credit Heavyweight HPS Sees ‘Huge Opportunity’ in Fund Finance
HPS Investment Partners is building out its fund finance business, including net-asset-value lending. “It’s a huge opportunity,” Purnima Puri, head of liquid credit and a founding partner at the $150 billion firm, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s T ... Show More
49m 6s
May 2024
CNBC Pro Talks: How to profit from Warren Buffett's methods in investing and life 5/3/24
How can investors use the timeless investing strategies and sage teachings of the iconic Warren Buffett to make their own investing decisions? What does the portfolio of Berkshire-owned companies and stocks say about your own portfolio? CNBC Pro goes on a deep dive of all things ... Show More
20m 30s
Jan 2025
Why Nasdaq's CEO sees IPO market growth ahead: FROM DAVOS
The IPO market was mixed at best in 2024 despite strong showings by Reddit (RDDT), Viking (VIK), and Rubrik (RBRK). IPOs raised about $123 billion last year compared to a peak of $594 billion in 2021, according to Dealogic data. A total of 150 companies went public last year, per ... Show More
25m 38s
Jan 2025
Big Bank Earnings Are Back
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Finance Reporter Katherine Doherty and Cheryl Pate, Senior Portfolio Manager at Angel Oak Capital, break down bank earnings. Tony Davidow, Senior Alternatives Investment Strategist at Franklin Te ... Show More
38m 20s
May 2025
Market Close: Stocks Higher, JP Morgan CEO Allows Bitcoin Investing For Clients, CBS News CEO Steps Down 5/19/25
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger. 
3m 48s
Oct 2024
Prof G Markets: An Nvidia Challenger Files For An IPO + Can A New CEO Turn Nike Around?
Follow Prof G Markets: Apple Podcasts Spotify  Scott and Ed open the show by discussing Tesla’s quarterly deliveries, a potential CVS breakup, and a venture capital firm’s decision to return money to investors. Then Scott explains the biggest red flag he sees in chipmaker Cer ... Show More
53m 5s
Oct 2024
The new equity opportunities
It’s time for equity investors to broaden their portfolios beyond the US tech giants, says Peter Oppenheimer, chief global equity strategist with Goldman Sachs Research. He explains why, and discusses some of the potential opportunities, in this conversation with Chris Hussey.  L ... Show More
9m 25s
May 2024
Demystifying Investment Banking: What is Leverage Finance? (Part 1)
<p>In this mini two-part series, we unravel the intricacies of leveraged finance, a cornerstone yet frequently underestimated domain of the investment banking division (IBD).</p><br><p>Join us in Part 1 as Director of Corporate Finance, Stephen Barnett demystifies the concept of ... Show More
29m 5s
Sep 2024
Tiger Cub Rob Citrone on Milei's Argentina: A Bullish Outlook for Investors | #550
Today’s guest is Rob Citrone, founder of Discovery Capital Management, a hedge fund that invests opportunistically across asset classes in emerging and developed markets. Rob worked for Julian Robertson at Tiger Management in the mid 1990’s and managed money for the Soros family. ... Show More
49m 43s
Nov 6
DoubleLine Is Ringing Alarm Bells on the AI Debt Funding Bonanza
Credit investors should be careful about participating in the artificial intelligence boom, according to DoubleLine Capital. “You have to be not only cautious about the tech sector, but the tangential related sectors that are providing support for these new projects,” Robert Cohe ... Show More
45m 22s