TPG Pace Beneficial II is led by President Michael MacDougall, The new company aims to combine with a target that has strong ESG characteristics that is at an inflection point towards attractive risk-adjusted returns. Mr. MacDougall will be joined by Non-Executive Chairman Karl Peterson, CFO Martin Davidson, Secretary Eduardo Tamraz, and EVP of Corporate Development Carlton Ellis.
Total SPAC deal count for 2021 year-to-date is now 308. This offering is expected to close on Friday, April 16.
Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are serving as joint book runners for the offering, and Northland Securities, Inc. and Siebert Williams Shank & Co., LLC are serving as co-managers. Weil, Gotshal & Manges LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. KPMG LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.