Etalon Capital Launches U.S. SPAC Index
December 26, 2017
Etalon Capital Ltd today announced the launch of the U.S. SPAC Index. The index is designed to provide investors
with information and exposure to U.S.-listed Special Purpose Acquisition Corporations (SPACs) that have
announced an acquisition or merger with operating business.
The new index provides investors with a benchmark and the ability to access pure-play SPACs.
"We have seen the SPAC market becoming more active lately", says Alex Gavrish, CEO of Etalon Capital.
"Although more risky and opaque, SPAC companies share many characteristics similar with spin-offs. It
is a natural assumption that interesting investment opportunities could be found in this niche as well.
The new index will give investors more information and add transparency to this market segment."
The U.S. SPAC Index
www.spacindex.com is a unique index that tracks the performance of Special Purpose Acquisition Corporations listed in the United States.
The index tracks the performance of a representative portfolio of SPAC vehicles that have an enterprise value of
at least $1 billion.
The index will track the performance of SPAC companies which announced or completed an acquisition or merger
transaction within the last three years. Companies are expected to remain in the index for up to 36 months since
Alex Gavrish, Chief Executive Officer of Etalon Capital, said, “Merger or acquisition by SPAC vehicle of an
operating business represents an important corporate event. Similarly to spin-off it becomes an important turning
point in company's story. SPACs are a relatively small and opaque segment of the market and we hope that this
index will provide more information on these events and highlight interesting investment opportunities.“
To learn more, please visit www.spacindex.com
About Etalon Capital Ltd
Etalon Capital Ltd is a global value equity investment firm with a strong event-driven
focus. After many years of focusing on event-driven investments, firm’s founder and CIO,
Alex Gavrish, has developed his own investment philosophy that proposes to look at companies
and their stocks as stories. For more information, visit www.etalon-capital.com
Etalon Capital Ltd
Alex Gavrish, CEO
Nothing contained herein constitutes a solicitation to purchase or offer to sell securities or other investment products.
Etalon Capital may receive compensation in connection with licensing the index or through other use of the index.
There is no assurance that investment products based on the index will accurately track index performance or provide
positive investment returns. Any decision to invest in any investment fund or other vehicle should only be considered
after reviewing such product's most recent prospectus or other disclosure document and carefully considering the risks associated
with such investment. Etalon Capital or its associates may hold positions in securities comprising the index.