Leader of NFP's SPAC and General Partner Liability practice advising SPACs, private equity funds, hedge funds and alternative asset managers on the liabilities they face and the insurance products available to them to transfer their risk. We specialize in the placement of these policies for our clients, insurance due diligence services, the placement of specialized run-off policies, and go-forward property, casualty and financial lines programs for their business combination targets and portfolio companies
“I would anticipate that the deSPAC space may see more scrutiny as it relates to private company targets,” which would be required to be co-registrants under the proposed changes, said Andrew Pendergast, New York-based managing director and SPAC practice leader for NFP Corp.