Chinh Chu – A Famous Name In Private Equity SPAC Market

When we are talking about the private equity Chinh Chu and his CC Capital is a giant in private equity. Chu Chinh is a Managing Partner and Founder of CC Capital Management LLC, a particular reason procurement organization. Before shaping CC Capital Management, Mr. Chu was a Senior Managing Director of Blackstone in the Corporate Private Equity Group and as of now goes about as a senior counsel to Blackstone.

Mr. Chinh Chu drove Blackstone’s interests in Allied Barton, Celanese, Graham Packaging, Interstate Hotels, Kronos, LIFFE, Nalco, Nycomed and Stiefel Laboratories. Mr. Chu graduated with a four year college education in finance from the University of Buffalo. He fills in as NCR’s Lead Independent Director.

Chinh Chu CC Capital – If you are looking for answer in volatility of private equity and have clear idea about the SPAC he is the ideal person to consult with. Many people consider it as blank check but SPAC has many advantages as one will provide more liquid cash to the seller. Chinh Chu believes whether you are a family owned company or share holding company one should follow the route of Special Purpose Acquisition Company or SPAC. It is really a viable solution as the market share grew up to 15% to 20% of the IPO value. Family owned business can customize the catered solution through SPAC. To provide high valuation, SPAC sponsor can partnership with the IPO with to get better return. Combination of positive effect, partnership and expertise are the focal point of SPAC.

There are different types of SPAC and if the sponsor adds the halo or positive effect it will increase the value of the company multiple times. In future he is interested in attracting more blue chip investor. He has always interested in buying business that can compound in future and provide high return. He looks for companies that has strong fundamental and proven track record of management and operational standpoint.

The best thing about the SPAC is one can approach to the core investor and talk about the story before the deal regarding projection, fundamentals as part of market test. In SPAC you do have to worry about renting vs. buying. The duration is long compare to the private equity and it has no high leverages. Consult with him further about the SPAC and future investment.