Perella Weinberg Partners plans to set up a blank-check company with the aim to acquire a business owned and led by women, Bloomberg reports, citing a memo it reviewed.
PWP Forward Acquisition will aim to raise ~$200M, according to the memo.
Stacia Schlosser Ryan, Perella Weinberg's co-head of consumer and retail as well as co-head of diversity and inclusion, will be CEO of the special purpose acquisition company.
The SPAC will focus on acquisition targets in consumer products and services, health and wellness, and financial technology.
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