D.C. Sports Veterans Ein, Fernandez In New $300 Million SPAC
The SPACs with sports executives keep coming. The latest is Capitol Investment Corp. V, a blank-check firm from Washington, D.C. sports veterans seeking $300 million in an IPO it filed to conduct. Capitol V is led by Mark Ein, an investor who owns MDE Sports, which runs the capital’s Citi Open tennis tournament, a regular stop on the top-level ATP Tour. Ein also owns the Washington Kastles, six-time champions of the World Team Tennis league, as well as the Washington Justice, an esports team competing in “Overwatch.” Ein is chairman and CEO of the SPAC. Among those