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Reinvent Technology Partners Y
Reinvent Technology Partners Y (NASDAQ: RTPYU) is a Special Purpose Acquisition Company formed to pursue a business combination with one or more entities.
Reinvent Technology Partners Y
Reinvent Technology Partners Y (NASDAQ: RTPYU) is a Special Purpose Acquisition Company formed to pursue a business combination with one or more entities. It is listed on the NASDAQ stock exchange under the ticker symbol RTPYU.
General information
Firm type
Asset Manager
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Additional offices
Menlo Park · Baltimore · Bellevue · New York · Gothenburg · Toronto · San Francisco · Edinburgh · Milwaukee
Frequently asked questions
Who runs investment decisions at Reinvent Technology Partners Y?
The sponsor team is led by Michael Thompson, a former Technology Crossover Ventures partner, and John Miller, a former Barclays vice chairman. Their combined experience spans technology venture capital and investment banking (per SEC filings, 2021). The firm has not publicly named additional executives beyond these two.
Has Reinvent Technology Partners Y completed a merger?
As of mid-2024, Reinvent Technology Partners Y has not announced a definitive business combination. It raised $575 million in its March 2021 IPO and has a three-year lifespan to complete a merger or return capital to shareholders (per SEC filings). The extended search period is notable relative to many SPACs that close deals within 18-24 months.
What sectors does Reinvent Technology Partners Y target?
The firm's registration statements indicate a broad mandate to acquire technology companies, including those in enterprise software, digital health, and artificial intelligence. It has not published specific sector exclusions. The ten office locations suggest a global search scope.
Is Reinvent Technology Partners Y a family office?
No. Reinvent Technology Partners Y is structured as a special-purpose acquisition company (SPAC), a publicly traded vehicle. It does not manage family wealth or operate as a family office. Its sole purpose is to acquire a private technology firm and take it public.
Where does the capital for Reinvent Technology Partners Y come from?
The $575 million raised in the IPO came from public market investors who purchased units at $10 each. The SPAC structure includes a trust account where proceeds must be held until a merger is approved or capital is returned. The sponsor team contributed a small portion for underwriting fees and expenses (per SEC filing, March 2021).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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