SPACs have been one of the stock market’s top earners. As of June 30, 452 SPACs with a combined value of $136.5 billion were looking for investment opportunities. During the first half of 2021, all types of initial public offerings reached a 20-year high. In the first quarter of 2021, 298 SPACs were founded, raising $83 billion, compared to 134 deals and $35 billion the previous quarter. JNE Partners holds about 560,000 Comcast Corporation shares, valued at over $32 million.
Here is Insider Monkey’s list of the 7 best SPACs to buy based on Jonathan Esfandi’s JNE Partners’ latest portfolio. Liberty Media Acquisition Corporation is situated in Englewood, Colorado, and was founded in 2020. The firm plans to look for a target in the media, digital media, music, entertainment, communications, telecommunications, and technology sectors. The New York-based KKR Acquisition Holdings I Corp. was founded in 2021. KKR raised $1.2 billion in an expanded initial public offering in March. Identify, buy, and build a company is the company’s acquisition and value generation approach. Rocket Internet Growth Opportunities Corp. is ranked 5th among the top 7 SPACs to buy. The firm is situated in Grand Cayman, Cayman Islands, and was created in 2021. Waldencast Acquisition Corp. is ranked 4th on the list of 7 best SPACs to buy. The company plans to target companies in the beauty, personal care, and wellness industries. Elliott Opportunity II Corp. is ranked third among the top SPACs to buy. The firm was founded in 2021 and is headquartered in West Palm Beach, Florida. For more details, click 7 Best SPACs To Buy Based On Jonathan Esfandi’s JNE Partners’ Latest Portfolio.