SPAC King Bill Foley Terminates 2 SPACs, To Return $2.1 Billion to Investors Due to Poor Performance of SPACs & Traditional IPO Climate
Foley Family Wines Bill Foley Caproasia.com | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion. 
SPAC King Bill Foley Terminates 2 SPACs, To Return $2.1 Billion to Investors Due to Poor Performance of SPACs & Traditional IPO Climate 6th October 2022 | Hong Kong
SPAC king Bill Foley is looking to terminate 2 SPACs (Austerlitz Acquisition Corporation I & II) before the end of 2022 as he looks to return $2.1 billion to investors due to poor performance of SPACs & traditional IPO climate. Austerlitz Acquisition Corporation I raised $690 million and fund II raised $1.38 billion for a total of $2.1 billion in 2021. The deadline for the SPAC merger is in March 2023. Bill Foley is an American billionaire with a personal fortune of more than $1.2 billion. (SPAC ~ Special Purpose Acquisition Company, also known as “blank cheque company”)
“ SPAC King Bill Foley Terminates 2 SPACs, To Return $2.1 Billion to Investors Due to Poor Performance of SPACs & Traditional IPO Climate “
Ads & Announcements
(function(t,e,s,o){var n,c,l;t.SMCX=t.SMCX||[],e.getElementById(o)||(n=e.getElementsByTagName(s),c=n[n.length-1],l=e.createElement(s),l.type="text/javascript",l.async=!0,l.id=o,l.src="https://widget.surveymonkey.com/collect/website/js/tRaiETqnLgj758hTBazgdw_2FrTqLsoWjmVFwM5csk2vL4dBkVAR7ILuYTMMU8NYZ_2F.js",c.parentNode.insertBefore(l,c))})(window,document,"script","smcx-sdk"); Bill Foley, American Billionaire with $1.2 billion fortune 
Foley Family Wines Bill Foley Bill Foley has over 32 years of experience in industry consolidation and delivering stockholder value, with a principal background in the financial, technology, insurance and services sectors. As a pre-eminent operator, Mr. Foley has led six separate multi-billion dollar public market platforms with hundreds of acquisitions, including FNF, Fidelity National Information Services, Inc. (“FIS”) (NYSE: FIS), Black Knight, Ceridian, FGL Holdings and Cannae Holdings. As founder, former Chief Executive Officer, and now Chairman of FNF, Mr. Foley, has built the largest title insurance company in the United States, growing equity value from $3.0 million to over $13.0 billion at its peak. Additionally, Mr. Foley has created over $140.0 billion in market capitalization of companies since founding FNF. In addition to his operational expertise, Mr. Foley has a long track-record as a prudent investor and has realized significant gains on many large investments. Mr. Foley can offer management teams and companies mature, respected and steady leadership. Mr. Foley and his team will identify companies with strong reliable cash flow in a range of market conditions. We believe attractive returns can be earned in the current market environment by taking limited calculated short term volatility risks in exchange for a higher probability of outsized long term returns. We believe Mr. Foley’s calm hand will help a potential target company better navigate today’s uncertain economic environment.
Foley Family Wines
Bill Foley launched FFW (Foley Family Wines) in 1996 when he and his wife Carol purchased 1,000 acres in the Sta. Rita Hills region of Santa Barbara County—still relatively unknown at the time—and founded Lincourt Vineyards.
Established by Bill Foley in 1996, Foley Family Wines is a portfolio of highly acclaimed wines from some of the world’s greatest vineyards. The company owns more than two dozen wineries across the globe, each with its own distinct wine style, legacy, and approach to hospitality. In addition, the Foley Food & Wine Society offers members a luxury lifestyle community that celebrates culinary experiences, entertainment, and travel in the United States, New Zealand, France, and Argentina.
2021 Data Release 2020 List of Private Banks in Hong Kong2020 List of Private Banks in Singapore 2020 Top 10 Largest Family Office2020 Top 10 Largest Multi-Family Offices2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM Register Below Latest 2022 data & reports, insights & news Every Saturday & Sunday 2 pm Direct to your inbox Save 2 to 8 hours per week. Organised for success For Investors | Professionals | Executives New to Caproasia? Join 10,000 + Learn More | Sign Up Today Caproasia.com | Caproasia Access 2022 Events | TFC - Find Services Grow Business | Contact Us For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors Get Ahead in 60 Seconds. Join 10,000 + Save 2 to 8 hours weekly. Organised for Success. Subscribe / Sign Up / Contact Us Sign Up / Subscribe:
Mailing ListFree TrialPromo $20 MonthlyPromo $180 YearlyInvestor $680 YearlyProfessional $680 YearlyExecutive $2,000 Yearly
Interests / Events / Summits / Roundtables / Networking:
Private WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights
Your Name*
Company*
Job Title*
Email 1 (Work / Personal)*
Email 2 (Work / Personal)
Contact No.
Country
Your Message (leave blank if none)
Owl Media Group takes pride in providing social-first platforms which equally benefit and facilitate engagement between businesses and consumers and creating much-needed balance to make conducting business, easier, safer, faster and better. The vision behind every platform in the Owl Media suite is to make lives better and foster a healthy environment in which parties can conduct business efficiently. Facilitating free and fair business relationships is crucial for any thriving economy and Owl Media bridges the gap and open doors for transparent and successful transacting. No advertising funds influence the functionality of our media platforms because we value authenticity and never compromise on quality no matter how lucrative the offers from advertisers may seem.