The woman Wall Street calls the “SPAC Queen” thinks she knows how AI data center companies will reach public markets, and it’s the same vehicle she’s been driving for nearly a decade.
Betsy Cohen, co-founder of Cohen Circle LLC, has been making the case that SPACs, or special purpose acquisition companies, represent a natural path for AI infrastructure firms that need public capital to fund their massive buildouts.
The SPAC veteran’s track record
Since 2015, Cohen has sponsored at least nine SPACs, successfully bringing seven companies public between 2015 and 2021. Across various funding vehicles, Cohen Circle has raised over $5 billion in total.
The firm operated under the name FinTech Masala until late 2022, when it rebranded to Cohen Circle to signal a broader investment appetite beyond its original fintech focus. Betsy Cohen founded the firm alongside her son Daniel Cohen.
