SPAC
Launched in 2020, Radcliffe’s SPAC strategy generated meaningful returns, and we returned capital in mid-2024 when the space became unattractive. Radcliffe re-launched the strategy in June 2025 when we felt that headwinds reversed. Enabling us to once again seek the rare combination of principal protection, attractive yields, highly skewed upside, and uncorrelated returns. We aim to maximize returns through security selection and opportunistic trading while retaining downside protection provided by trusts.
We recommend the strategy for investors seeking treasury-like minimum returns and significant upside, with a firm that has a proven track record, alignment of interests, and competitive fees.
All investments are subject to risks including the possible loss of principal. This description contains opinions and expectations regarding the marketplace and the strategy, as well as descriptions of current and potential investment processes. There is no guarantee that our expectations will be met. Radcliffe may change its investment process without notice at any time.
Steve Katznelson and Ben Ruffle sit down to discuss Radcliffe’s recent reentrance to the SPAC market. Steve discusses Radcliffe’s disciplined, longstanding approach targeting structural market inefficiencies and how this has
Steve gives an update on Radcliffe’s SPAC Strategy and goes through Q&A x Request for Article