Blank Check Firm Set Up By Manipal'S Pai, Pe Veteran Ajila Raises $170M In Us Ipo
06/15/21, 10:08 AM
Location
the united statesMoney raised
$170 million
A special purpose acquisition company (SPAC) launched in the United States by private equity veteran Rohan Ajila and Manipal Group chairman Gautham Pai has raised $170 million via an initial public offering.
Company Info
Location
the united states, washington, united states
Additional Info
“This complements the expertise of our management team in cross-border M&A, business development and Asia/India expansion,” said Ajila, the co-chairman and chief executive of GCAC, in a statement. ,” said Ajila, the managing partner at FIDES Business Partner, a PE firm based in Zurich. Ajila was also managing partner of Capvent AG, a PE and Fund of Funds investment house that has invested more than $1 billion globally over the last two decades.