Investing
Family Offices Targeting 800% Returns With SPAC Economics
- Under-the-radar firms are a driving force in SPAC frenzy
- Pritzker, Och, Sawiris family offices among those jumping in
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The Pritzkers built an empire spanning hotels to manufacturing before agreeing two decades ago to split up their fortune among 11 descendants.
Karen Pritzker, one of the heirs, has parlayed that wealth into venture capital, backing firms such as Snap Inc. and Spotify Technology. Now she’s joined the wave of investors turning to blank-check firms.