Columbus Circle Capital I plans to target industries including AI, media and crypto
Mr Quin will own virtually nil-cost founder shares in the Spac, which could see him reap a significant return if he can cement a deal
Gary Quin, the Irish businessman who saw plans for a New York-listed $400m (€351m) special purpose investment company (Spac) evaporate in 2023, is the CEO of a new Spac that is raising $200m and eyeing potential investment opportunities across a range of sectors from artificial intelligence to mining.
The Spac, called Columbus Circle Capital I, is backed by a New York-based boutique investment bank, Cohen & Company Capital Markets. At the end of last year, it had $2.3bn of assets under management, primarily in fixed-income.
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