The bank behind Scandinavia's first special purpose acquisition company is now building out its corporate finance unit, with headcount set to grow by as much as 10 percent.
SEB is the sole global coordinator and bookrunner on the debut SPAC, which is due to go public in Stockholm on March 25. The deal, announced by investment firm Bure AB last week, comes as SPACs enjoy exponential growth in the U.S.
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95 percent of active global high-yield managers struggle to consistently add value net of fees, according to the world's fourth-largest asset manager ahead of launching a global HY index fund. However, a recent survey by consultancy Kirstein showed a vast majority of Nordic investors preferring their HY portfolios actively managed.