Insurtech-focused UK SPAC targets £150m IPO. Aeolus’ Aditya Dutt part of sponsor team

Financial Acquisition Corp, a new special purpose acquisition company (SPAC) sponsored by FINSAC LLC which plans to raise £150 million through its listing on the London Stock Exchange (LSE), has named experienced ILS practitioner, Aditya Dutt, as part of the sponsor team of the vehicle.