Atlas Crest Investment Corp.II


About Atlas Crest Investment Corp.II

Atlas Crest Investment Corp. II (NYSE: ACII) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses. We are sponsored by an affiliate of Moelis & Company, a leading global financial advisor to corporate executives, boards, entrepreneurs, financial sponsors and governments.  Our management team is led by Ken Moelis, our Chairman, and Michael Spellacy, our Chief Executive Officer, both of whom have had careers centered around identifying, evaluating and implementing organic and inorganic transformational growth and value creation initiatives across a broad range of industries.

Atlas Crest Investment Corp. II closed its upsized $345 million initial public offering on February 8, 2021.

While we intend to evaluate opportunities in many sectors, we believe the diverse experience and extensive relationship network of our management team, board and sponsor will drive particularly attractive investment opportunities in certain high growth sectors including media, online gaming/sports betting, fintech/payments, healthcare, business services and disruptive consumer.

Press Releases


Ken Moelis, Chairman


Ken Moelis is the Chairman of our Board of Directors. Mr. Moelis has served as the Chief Executive Officer of Moelis & Company (“Moelis”) since 2007 and Chairman of the Board since its IPO. Prior to founding Atlas Crest Investment Corp. Mr. Moelis founded Moelis, a global independent investment bank, and its affiliate, Moelis Asset Management LP, an alternative asset management firm with approximately $6 billion of assets under management across private equity, direct lending, credit funds, and structured products. Since its inception, Moelis has advised on approximately $3.5 trillion of transactions including mergers and acquisitions, restructurings and recapitalizations. Mr. Moelis led Moelis’ initial public offering in 2014 while being named EuroMoney’s Banker of the Year. Since its IPO, Moelis has organically grown revenues by over 80% and has generated a total shareholder return of over 125%, including quarterly and special dividends.

Prior to founding our company, Mr. Moelis worked at UBS from 2001 to 2007, where he was most recently President of UBS Investment Bank and previously Joint Global Head of Investment Banking. Before joining UBS, Mr. Moelis was Head of Corporate Finance at Donaldson, Lufkin & Jenrette, where he worked from 1990 through 2000. Mr. Moelis began his career as an investment banker with Drexel Burnham Lambert in 1981.

Mr. Moelis serves on the University of Pennsylvania Board of Trustees, the Wharton Board of Overseers, the Ronald Reagan UCLA Medical Center Board of Advisors and was formerly Chair and Director on the Tourette Association of America Board. Mr. Moelis holds a B.S. and an M.B.A. from the Wharton School at the University of Pennsylvania.

Michael Spellacy, Chief Executive Officer and Director


Michael Spellacy is our Chief Executive Officer and a Director, and also serves as a Director of Archer Aviation Inc. Mr. Spellacy has extensive experience in technology, data and analytics, capital markets and private equity and has worked as an investor, investment banker and consultant. Most recently, Mr. Spellacy was a Senior Managing Director at Accenture plc and Global Industry Leader of Accenture Capital Markets while overseeing Accenture’s Asset Management, Wealth Management and Investment and Trading businesses. Accenture plc is a multinational Fortune Global 500 professional services firm with 2020 revenues of over $44 billion. Mr. Spellacy began his role at Accenture in 2017.

Prior to Accenture, Mr. Spellacy was a Senior Partner, Asset and Wealth Management, at PricewaterhouseCoopers from 2015 to 2017. He also served as Partner at Broadhaven Capital, an industry leading independent investment bank and private equity investor servicing the financial services and technology sectors from 2013 to 2015. Prior to Broadhaven, Mr. Spellacy was a Senior Executive, Management Committee Advisor at Bridgewater Associates, a widely recognized asset manager, from 2009 to 2013, where he led Bridgewater’s $130 billion assets under management transformation program. Earlier, Mr. Spellacy was a Partner and Managing Director at the Boston Consulting Group from 2003 to 2009 where he helped guide the firm’s global Alternative Investments Practice providing strategic business advisory services to global asset managers, sovereign wealth funds and asset owners.

Mr. Spellacy received his B.S. in Economics from the London School of Economics and MBA from the University of Hartford.

Nicholas Nickerson, Chief Operating Officer


Nicholas Nickerson has been our Chief Operating officer since October 2021.

Prior to joining the company, from 2014 to 2021, Mr. Nickerson worked as a Vice President and Associate in the Real Estate, Gaming, Lodging and Leisure Investment Banking group at Deutsche Bank Securities, Inc. From 2013 to 2014, Mr. Nickerson worked in the Real Estate Investment Banking Group at Oppenheimer & Co. Inc. Previously, Mr. Nickerson worked at Green Street Advisors from 2009 to 2012, most recently as a Senior Equity Research Associate.

Mr. Nickerson received a B.S. in Economics from Duke University. 

Chris Callesano, Chief Financial Officer


Chris Callesano is our Chief Financial Officer. Mr. Callesano is currently also a Managing Director at Moelis and has served as its Principal Accounting Officer since 2016 and its Corporate Controller since 2010.

From 2008 to 2010, Mr. Callesano was Senior Managing Director of Financial Reporting and Accounting Policy at NASDAQ OMX where he was responsible for preparing the financial statements filed with the SEC. Previously, Mr. Callesano worked at Merrill Lynch from 2004 to 2008, most recently as Director of Corporate Reporting. Prior to joining Merrill Lynch, Mr. Callesano held various other accounting positions, including as an auditor with Ernst & Young.

Mr. Callesano holds a B.S. in Accounting from Penn State University and an M.B.A. in Finance from the Stern School of Business at New York University. He is a Certified Public Accountant licensed in New York State.


Todd Lemkin , Director


Todd Lemkin has served on our Board since February 2021. Mr. Lemkin is a Partner and Chief Investment Officer of Canyon Partners, LLC.

Mr. Lemkin’s primary focus is on the cable, media, telecom, satellite, real estate, gaming and packaging sectors in the U.S. Mr. Lemkin also oversees Canyon’s European investment effort and the firm’s London office. Prior to joining Canyon in 2003, Mr. Lemkin was with Scoggin Capital Management in New York, where he focused on analyzing securities of distressed and bankrupt companies. Mr. Lemkin was also an Investment Banker in the Healthcare Group of Bank of America Securities and the Mergers & Acquisitions Group of Lehman Brothers.

Mr. Lemkin is a graduate of the University of California, Berkeley (B.A., English).

Carrie McCabe , Director


Carrie McCabe has served on our Board since December 2021. Ms. McCabe currently serves as Chief Executive Officer of Lasair Advisors, a New York based strategic advisory firm which she founded in 2000.

Ms. McCabe originates and optimizes global strategic businesses, performing as a dedicated innovator with her solutions focus. From 2016-2019, she was Managing Director for Global Strategy and a member of the Management Committee at PAAMCO, a $30 billion institutional hedge fund organization. Previously, Ms. McCabe served as Senior Advisor to McKinsey & Company’s Asset Management and Private Equity Practices from 2013 to 2016. In 2008, Ms. McCabe launched Lasair Capital, an institutional alternative asset management firm, in strategic partnership with a Fortune 5 pension plan. Previously, Ms. McCabe was President and CEO of Financial Risk Management (FRM) where she led the Americas team of the $15 billion institutional hedge fund organization and served as a member of FRM’s Global Advisory and Investment Committees. Prior to that, she was President and Chief Executive Officer of Blackstone Alternative Asset Management, where she built multi-manager hedge fund investing into a core business of Blackstone.

Ms. McCabe holds an MBA from Harvard Business School and a BA in Economics from Stanford University.

Sara Sprung, Director


Sara Sprung has served on our board since June 2022. Ms. Sprung has served as a member of the board of directors of DWS AG, USA since 2018 and is Chair of the Risk Committee and a member of the Audit Committee. Ms. Sprung is also on the Board of the World Gold Council since April 2022 and is currently an Independent Risk Consultant since 2016. From 2013 to 2016, Ms. Sprung was Head of Risk and Strategy for the hedge fund business at Neuberger Berman. Prior to this role, Ms. Sprung was Global Head of Currency Investing and Strategic Hedging at Ally Financial Inc. Ms. Sprung has over 30 years’ experience in financial services, including as a global macro portfolio manager at Moore Capital, Fortress Investment Group and JP Morgan. Ms. Sprung’s product expertise includes fixed income, mortgage and asset backed securities, equities, currencies, derivatives, structured derivatives, quantitative investing, real estate and commodities.

Ms. Sprung holds a Bachelor of Science from the Massachusetts Institute of Technology in Management Science.

SEC Filings

All Filings for Atlas Crest Investment Corp II Available via EDGAR

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