AGCB - Altimeter Growth Corp. 2: SPAC Investing In Tech Companies Alongside A $16 Billion Hedge Fund Manager

February, 01 2021 11:27 AM Altimeter Growth Corp. 2 Class A

Altimeter Capital is a $16 billion investment firm run by Brad Gerstner and has an impressive track record investing in technology stocks.
I expect that Brad Gerstner will focus on a high-quality SPAC target because it is important to his reputation that the company succeeds after the de-SPACing process.
Altimeter seems to have good access to deal flow and has invested in Expedia, Zillow, Facebook, Uber, AirBnB, ByteDance, AppDynamics, MongoDB, Okta, Twilio, Unity, and Snowflake.
AGCB traded down last week, which presents a better entry point.
Investors should check out AGC, Altimeter's first SPAC as well.

For further details see:

Company Name:	Altimeter Growth Corp. 2 Class A
Stock Symbol:	AGCB
Market:	NYSE