Investment veterans launch real estate and hospitality buyout vehicle
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New York
THE former chairman of fund manager Man GLG and the ex-president of Vornado Realty Trust are behind a buyout vehicle that will seek deals in the real estate and hospitality sectors, according to marketing materials seen by Reuters on Thursday.
Landscape Acquisition Holdings Limited, a special purpose acquisition , or SPAC, is raising US$500 million through an initial public offering and will focus primarily on North America and Europe.
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