In episode 77, Alex Proimos speaks with Lincoln Smith, senior portfolio analyst and partner at Albourne. In this episode, we discuss Special Purpose Acquisition Companies (SPACs) have been prominent in the market throughout 2020. We discuss the two broad themes developing, the structure of the vehicles, the difference between the SPAC initial public offering (IPO) versus the traditional IPO, hedge fund and private equity engagement, and common trades (including public versus private). We conclude the conversation by discussing areas of concern, transparency, regulation and other investor considerations.