top of page
Blind Pool
A financial structure where funds are raised for a general investment strategy without specific targets identified, sometimes used in M&A-related SPAC (Special Purpose Acquisition Company) deals.
Implications
Used in investment funds where capital is raised without specifying the exact assets or businesses that will be invested in, relying on the reputation of the fund manager.
Example
Example: A venture capital firm raises a blind pool fund where investors commit capital without knowing which startups will be funded.
Related Terms
Different from traditional investment funds where the assets or targets are known before investment, blind pools involve higher risk and trust in the manager.
bottom of page