SPAC Sponsors

The dealmakers who raised billions through blank-check companies, collected their promote fees, and left retail investors holding the bag. Here are the 15 most prolific SPAC sponsors and their track records.

Sponsors Tracked

15

Total SPACs

73

Capital Raised

$34.4B

Avg Return

-49.1%

Chamath Palihapitiya

Social Capital

VC / Media Figure

SPACs
10
Raised
$4.8B
Avg Return
-45.0%
Status
Exited SPAC business

Michael Klein

Churchill Capital Corp

Former Citigroup Banker

SPACs
7
Raised
$4.2B
Avg Return
-58.0%
Status
Winding down SPACs

Peter Thiel

JAWS Acquisition Corp

Tech Billionaire

SPACs
5
Raised
$3.6B
Avg Return
-40.0%
Status
Wound down

Alec Gores

Gores Group

Private Equity

SPACs
9
Raised
$3.5B
Avg Return
-52.0%
Status
Reduced SPAC activity

Bill Foley

Foley Trasimene Acquisition Corp

Serial Acquirer

SPACs
5
Raised
$3.2B
Avg Return
-29.0%
Status
Reduced activity

Marc Stad

Dragoneer Investment Group

Growth Equity

SPACs
3
Raised
$2.3B
Avg Return
-48.0%
Status
Exited SPACs

Fortress Investment Group

Fortress Investment Group

Alternative Asset Manager

SPACs
5
Raised
$2.1B
Avg Return
-41.0%
Status
Reduced activity

GS Capital Partners

GS Acquisition Holdings

Investment Bank Affiliated

SPACs
3
Raised
$1.8B
Avg Return
-38.0%
Status
Wound down

Niccolo de Masi

dMY Technology Group

Tech-Focused Sponsor

SPACs
6
Raised
$1.8B
Avg Return
-44.0%
Status
Winding down

Daniel Hennessy

Hennessy Capital Investment Corp

Serial SPAC Sponsor

SPACs
6
Raised
$1.5B
Avg Return
-55.0%
Status
Still active, reduced

Brad Gerstner

Altimeter Capital

Tech-Focused Hedge Fund

SPACs
2
Raised
$1.5B
Avg Return
-35.0%
Status
Exited SPACs

Blackstone Group

Blackstone / CVC Capital

Private Equity Giants

SPACs
2
Raised
$1.4B
Avg Return
-51.0%
Status
Exited via SPAC

Dan Baker

Ajax Financial Alternatives

Financial Sponsor

SPACs
4
Raised
$1.2B
Avg Return
-61.0%
Status
Inactive

Greg Scholl

Replay Acquisition Corp

Financial Sponsor

SPACs
3
Raised
$900.0M
Avg Return
-72.0%
Status
Inactive

Ahmed Enany

InterPrivate II VSM Tec

Boutique Sponsor

SPACs
3
Raised
$600.0M
Avg Return
-68.0%
Status
Inactive

💡 Did You Know?

Serial sponsors account for 78% of new SPAC IPOs in 2025, up from about 30% during the 2020-2021 mania.