Investment Banking

Former LSE boss Xavier Rolet unveils new $200m Spac

The new firm will focus on the fintech and financial services sector in Europe and the US

Rolet was also named as a board member of Golden Falcon Acquisition Corp in December, the Spac run by former Barclays chairman of European banking, Makram Azar
Rolet was also named as a board member of Golden Falcon Acquisition Corp in December, the Spac run by former Barclays chairman of European banking, Makram Azar Photo: Kiyoshi Ota/Getty Images

The former chief executive of the London Stock Exchange, Xavier Rolet, is leading a new blank cheque vehicle that counts a number of other City grandees among its executives.

Rolet is chief executive officer and chairman of World Quantum Growth Acquisition Corp, which outlined plans to raise $200m on the New York Stock Exchange through 20m shares valued at $10 each, according to filings with the Securities and Exchange Commission on 10 August.

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