PWP to form SPAC focused on women-led and owned business: Bloomberg

Perella Weinberg Partners is planning on forming a blank check company focused on finding a business owned and led by women, reported Bloomberg.

Perella Weinberg Partners is planning on forming a blank check company focused on finding a business owned and led by women, reported Bloomberg. The news outlet noted that PWP Forward Acquisition Corp will seek to raise about $200 million, citing an internal memo. Stacia Schlosser Ryan, the firm’s co-head of consumer and retail as well as co-head of diversity and inclusion, will serve as CEO of the special purpose acquisition company.

Source: Bloomberg