Investment Banking

Goldman Sachs creates new London team to capitalise on Spac boom

Two of Goldman Sachs senior equity bankers in London will head up a newly-formed unit that will look to capitalise on the expected rise in Spacs in Europe
Two of Goldman Sachs senior equity bankers in London will head up a newly-formed unit that will look to capitalise on the expected rise in Spacs in Europe Photo: Jason Alden/Getty Images

Goldman Sachs has shifted two of its most senior equity bankers in London into a new team that will look to capitalise on the expected boom in blank cheque companies in Europe.

Celine Assouline, who has been co-head of structured equity for Europe, the Middle East and Africa for the last seven years, will co-head a new unit alongside Lyle Schwartz, who previously led a division at the US bank raising capital for private companies, according to people familiar with the matter.

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