News Formal

Possible Rowan selection for Treasury Secretary would be boost for Apollo stock, private equity industry, says TD Cowen

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 72%

Breaking News: Investing ニュース

Wall Street,Business,Markets

CEO Marc Rowan's potential appointment as Treasury Sector would bode positively for the alternative asset management industry, per TD Cowen.

The potential appointment of Apollo Global Management CEO Marc Rowan would boost the stock and the broader alternative asset management sector, according to TD Cowen. The race for President-elect Donald Trump's Treasury Secretary pick appears to be between Rowan, former Federal Reserve Governor Kevin Warsh, Key Square Group founder and CEO Scott Bessent and Sen. Bill Hagerty, R-Tenn. Rowan and Warsh were expected to meet with Trump for talks at Mar-a-Lago as part of the selection process.

President-elect Donald Trump's reelection platform included efforts to deregulate industries, which would facilitate large transactions such as the ones seen in the private equity sector. Since the election, the stock has jumped 10% — outperforming the S & P 500's 2.6% gain in that time. On Thursday, shares were up more than 1%.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

These 3 retail stocks are on TD Cowen's updated Conviction ListThese 3 retail stocks are on TD Cowen's updated Conviction List
ソース: Investingcom - 🏆 450. / 53 続きを読む »