What We Do

RMG Capital sources and deploys capital across various special purpose acquisition companies. In partnership with our sponsor, Riverside Management Group, we seek to partner with companies which have strong management teams and who are in attractive industries and sectors. Our primary focus is to position the company to succeed in the long term as a publicly traded company.

The management team of Jim Carpenter, Bob Mancini, Phil Kassin, and Wesley Sima have over 100 years of combined principal investment, operational, transactional, and executive experience. The team is further supported by a board of directors and an advisory board of 18 highly experienced professionals, including former executives, investors, and consultants. Operational and transactional expertise make RMG Capital a desirable partner for growing businesses. Through its extensive relationships, RMG Capital sources proprietary opportunities and avoids auctions (aka “SPAC–offs”).

Since pricing its first SPAC in February 2019, RMG Capital has raised over $1.1bn in three separate IPOs. As of February 2021, RMG Capital has announced and closed on transactions representing an aggregated TEV of $12.6bn. On these transactions we have led PIPE raises totaling $1.8bn.
 

Romeo Power

RMG Acquisition Corp. closed the acquisition of Romeo Power (NYSE: RMO) in December, 2020

ReNew

RMG Acquisition Corp. II closed the acquisition of ReNew Power (Nasdaq: RNW), in August, 2021.

RMG Acquisition Corp. III

RMG Acquisition Corp. III, a $483mm SPAC, closed its IPO on February 9, 2021

Faraday Future

RMG Management advised PSAC on its acquisition of Faraday Future (Nasdaq:FFIE), closed in July 2021