Investment Banking

JPMorgan promotes senior European dealmakers into new Spac team

Guillermo Baygual, co-head of M&A for Emea, and Lukasz Dziarnowski, a senior M&A banker focused on Central and Eastern Europe as well as the Middle East, will join JPMorgan's specialist Spac team

JPMorgan, led by Jamie Dimon, created a new team of investment bankers to focus on Spacs in Europe
JPMorgan, led by Jamie Dimon, created a new team of investment bankers to focus on Spacs in Europe Photo: Getty Images

JPMorgan has created a new team of investment bankers to focus on blank cheque companies in Europe, as the boom in these products over the past year has now exceeded $100bn.

The US investment bank has named two senior London-based dealmakers into a new unit targeting special purpose acquisition vehicles in Europe, the Middle East and Africa, according to an internal memo seen by Financial News. The bankers will sit within the bank's M&A team, as more Spacs look for European targets even if they raise funds in the US.

WSJ Logo
The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.