Note: Steve Young, the retired San Francisco ’49ers star who is a co-founder and the president of HGGC, a Palo Alto-based middle-market private equity firm, will serve as a director of this new blank-check company.  Pathfinder Acquisition, incorporated in 2020 in the Cayman Islands, is backed by HGGC affiliates and Industry Ventures, a venture capital firm.

From the prospectus: We intend to focus our search on a growth-oriented technology or technology-enabled target that is at a key inflection point in its evolution and a beneficiary of secular tailwinds in one of several rapidly changing segments of the global economy.

HGGC is a longstanding investor in Software, Technology, Technology-enabled Products and Services, and Business Services companies and has significant experience investing across other sectors such as Insurance Services, Consumer and Industrial Services. HGGC focuses its investments on companies that have attractive economic profiles and strong competitive positions in markets where the team can add value through strategic and operational support, M&A and capital markets capabilities and a broad network of relationships.

(Note: Pathfinder Acquisition upsized its IPO at pricing on Feb.16, 2021, to 30 million units, up from 27.5 million, at $10 each to raise $300 million.)