A portfolio manager who has invested in SPACs since 2007 recounts their evolution from 'financial backwater' then to 'feeding frenzy' today — and shares how to identify attractive ones, including 3 on his radar
5:15am PST - January 22nd, 2021 stock market today - Business InsiderSummary List PlacementEvan Ratner never thought he'd see the SPAC boom of 2020. "SPACs used to be a backwater as a way for guys to easily raise pools of capital," said Ratner, who started investing in Special Purpose Acquisition Companies in 2007. The so-cal…