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